$ 939,000 –
6239 MAIN Street
Listing Info
| Area: |
Oliver |
| Property Type: |
Other |
| MLS® Number: |
10374916 |
| Year Built: |
1924 |
| Lot Size: |
0.14 |
| Listing Status: |
Active |
| List Price: |
$ 939,000 |
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% plus 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 |
Listing Agent:
JB Bansoota
(250) 486-6339
Brokerage:
RE/MAX Wine Capital Realty
(250) 498-6500