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% capitalization rate, ideal for investors seeking a strong return in a growing South Okanagan market. (id:4069)
Address
6239 MAIN Street Unit# 6235-6237
List Price
$999,000
Property Type
Other
Type of Dwelling
Other
Area
British Columbia
Sub-Area
Oliver
Floor Area
8,000 Sq. Ft.
Lot Size
0.14 Sq. Ft.
MLS® Number
10353088
Listing Brokerage
RE/MAX Wine Capital Realty
Postal Code
V0H1T0
