6272 Main Street, Oliver, British Columbia V0H 1T0

Listed for:
$525,000
0 beds
0 baths
Listed 30 days ago
Residential Commercial Mix for rent: 6272 Main Street, Oliver, British Columbia V0H 1T0

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About

BUILDING ONLY — Prime investment opportunity in the heart of downtown Oliver! This 4,365 sq ft commercial building offers three well-positioned storefronts with outstanding exposure along the town’s main vehicular corridor. Surrounded by three major banks, the property benefits from strong pedestrian and vehicle traffic throughout the day. The owner currently operates an East Indian grocery store from one unit and will lease it back on a secure 5-year term. The remaining two units have recently been leased, each with 5-year terms in place, providing stable and predictable income from day one. At the rear of the building, four dedicated parking stalls with access to a shared common area enhance convenience for both customers and staff. An excellent opportunity for investors or owner-users seeking a fully leased, high-visibility asset in a vibrant downtown core. Offered at over a 6.5% cap rate at the asking price. (id:27476)

Property Highlights

MLS® Number
10373059
Type
Other
Land Size
0.14 ac|under 1 acre

Building

Building Type
Residential Commercial Mix
Amenities
Recreation, Shopping
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air, See remarks
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX Wine Capital Realty
MLS® number:
10373059
Agent:
Jb Bansoota
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