3640 sqft +

1016 MAIN Street Okanagan Falls

$1,599,900
1016 MAIN Street - Photo 1
  • Price$1,599,900
  • MLS #10302613
  • Age1990
  • Size3640 sqft
  • Lot Size0.17 acres
  • CoolingSee Remarks, Wall unit
  • WaterIrrigation District
  • SewerMunicipal sewage system
  • Property TypeMulti-family
  • RoofUnknown
  • Zoning TypeUnknown
  • Local AmenitiesSchools, Shopping
  • Stories2
  • Listing OfficeRE/MAX Realty Solutions

    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:6770)

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