Lot: 60 x 0 ft

1016 Main Street
Okanagan Falls, BC V0H 1R0

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:47421)
Listed By RE/MAX Realty Solutions
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10302615
Last Updated Jan 31, 2024
Property Summary
Property Type Other

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Neighbourhood Okanagan Falls
Price History

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Detailed Information
Lot 60 x 0 ft
Amenities Nearby Schools, Shopping
Features Level lot
Listing Contract Date 2024-01-15
Municipal ID 015-765-351
Ownership Type Freehold
# of Parking Spaces 1
Property Type Other
Transaction Type For sale
Zoning Unknown
Appliances Range, Refrigerator, Dryer, Washer
Basement Type Crawl space
Constructed Date 1990
Exterior Finish Stucco
Heating Fuel Electric
Heating Type Baseboard heaters
Roof Material Tar & gravel
Roof Style Unknown
Type Residential Commercial Mix
Utility Water Irrigation District
Parking Spaces
Name Spaces
See Remarks
Total Size 0.17 acres
Amenities Schools, Shopping
Current Use Mixed use
Landscape Features Level
Sewer Municipal sewage system
Size of Irregular Land 0.17
External Links

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