6239 Main Street, Oliver, British Columbia V0H 1T0

Listed for:
$969,000
0 beds
0 baths
Listed 11 days ago
Residential Commercial Mix for rent: 6239 Main Street, Oliver, British Columbia V0H 1T0

View all 4 photos

About

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% plus capitalization rate, ideal for investors seeking a strong return in a growing South Okanagan market. (id:27476)

Property Highlights

MLS® Number
10374916
Type
Other
Land Size
0.14 ac|under 1 acre

Building

Building Type
Residential Commercial Mix
Square Footage
8000 sqft
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:
10374916
Agent:
Jb Bansoota
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).