1961 Vernon Street, Lumby, British Columbia V0E 2G0

Listed for:
$730,000
0 beds
0 baths
Listed 45 days ago
Residential Commercial Mix for rent: 1961 Vernon Street, Lumby, British Columbia V0E 2G0

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Learn more about this property
Listing provided by:
Fair Realty
MLS® number:
10364385
Agent:
Stephanie Sexsmith
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About

Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:27476)

Property Highlights

MLS® Number
10364385
Type
Other
Ownership Type
Freehold
Land Size
0.21 ac|under 1 acre
Parking Space Total
8

Building

Building Type
Residential Commercial Mix
Square Footage
1300 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location