$ 999,000 #6235-6237 6239 MAIN Street

This listing presented by Lorne Ayers. Contact Lorne by phone: (250) 860-1100 or email direct here.

Listing Info

Area: Oliver
Property Type: Other
MLS® Number: 10353088
Lot Size: 0.14
Listing Status: Active
List Price: $ 999,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Other – Oliver

Exceptional investment opportunity on busy Highway 97 in Oliver, offering high visibility and stable income. This well-maintained commercial building features a diverse mix of office and retail tenants, with three anchor tenants occupying over 80% of the rentable space, providing long-term stability. The building also includes six smaller offices, catering to a range of professional and service-based users. The property offers 8,000 sq ft of total building area, with approximately 6,800 sq ft of leasable space, making it an efficient and income-generating asset. Numerous upgrades have been completed over the past 20 years, ensuring solid infrastructure and reduced maintenance requirements for years to come. This fully tenanted building generates an attractive 8% capitalization rate, ideal for investors seeking a strong return in a growing South Okanagan market. (id:6769)

Construction Info

Interior Finish: 8000
Sewer: Municipal sewage system

Rooms Dimension

Listing Agent:

JB Bansoota
(250) 486-6339

Brokerage:

RE/MAX Wine Capital Realty
(250) 498-6500
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