1016 MAIN Street

1016 MAIN Street
Okanagan Falls, British Columbia V0H1R0


$1,599,900

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:3942)
ID# 10302613
Courtesy of RE/MAX Realty Solutions

Listed on: January 15, 2024

On market: 111 days
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street
  • 1016 MAIN Street

See Remarks Wall unit Other See remarks

Half Bathrooms Total 0
Year Built 1990
Cooling Type See Remarks, Wall unit
Heating Type Other, See remarks
Heating Fuel Electric
Stories Total 2

MORTGAGE CALC.


Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate