1016 Main Street, Okanagan Falls, British Columbia V0H 1R0

AMAZING INVESTMENT OPPORTUNITY!!! 7 UNIT COMPLEX, potential RENTAL INCOME of $96,000/year (3 large commercial units plus 4 residential units) in prime location in the heart of Okanagan Falls in gorgeous South Okanagan Valley, 10 minutes from Penticton. PRIME HIGHWAY EXPOSURE mixed-use commercial / residential building with all four residential units (2 units located on the upper level of main building and 2 units within attached duplex at the back) currently rented to long term tenants, one commercial space currently rented and two commercial units available for rent or for your immediate use, downtown-commercial zoning, allowing for an array of uses. 5 out of 7 units currently rented, current rental income, $60,000/year, potential rental income $96,000 or more on full occupancy. Separate ductless heating and air conditioning systems in all commercial units, separate bathrooms and extra storage. Seize this chance – it is just waiting for an investor to unlock its full potential! (id:27476)

This property is conveniently located near schools and shopping facilities, making it an ideal location for potential residents or tenants.

The ownership type of this property is Freehold, providing the owner with full control and ownership rights.

With a total of 1 parking space, this property offers convenient parking options for residents and visitors.

Don't miss out on this incredible investment opportunity! This 7-unit complex has the potential to generate a rental income of $96,000 per year. It consists of 3 large commercial units and 4 residential units, located in the prime area of Okanagan Falls in the beautiful South Okanagan Valley, just 10 minutes from Penticton. The mixed-use commercial/residential building offers prime highway exposure and is currently partially rented, with the potential for even higher rental income on full occupancy.

This property is currently on the market for sale, offering a land size of 0.17 acres, making it an attractive investment opportunity.

Located at 1016 MAIN Street in the city of Okanagan Falls, British Columbia, this property features a stucco exterior finish and uses electric heating fuel with baseboard heaters.

With its downtown-commercial zoning, this property allows for a variety of uses, making it a versatile and attractive investment opportunity for potential buyers.

Take advantage of this chance to unlock the full potential of this property and seize the opportunity for a lucrative investment in the heart of Okanagan Falls.