Lake Country, BC, Central Okanagan
Return to: Lake Country, BC
10564 Powley Court
Lake Country North West
Lake Country
V4V 1V5
$5,450,000
Retail
- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- 10320165
- Build. Type:
- Retail
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This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:2493)
- Property Type:
- Retail
- Total Living Area:
- 18,000 sq. ft.1,672 m2
- Zoning:
- Unknown
- Community:
- Lake Country North West
- Structure Type:
- Retail
- Half Bathrooms:
- 0
- Fireplace:
- No
- Lot Size:
- 0.65 acre(s)0.26 hectare(s)
- Lot Details:
- 0.65
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Listed by RE/MAX Vernon
Data was last updated November 25, 2024 at 02:15 PM (UTC)
- Salt Fowler
- RE/MAX Vernon Salt Fowler
- 250.549.7258
- webinfo@saltfowler.com
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