FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$6,300,000

9150 MAIN STREET Street, Osoyoos V0H1V2

Built 1973
Detached
Listed by: RE/MAX Wine Capital Realty.
Data provided by CREA's Data Distribution Facility.
Powered by REALTOR.ca

Description

Rare opportunity to acquire a well-positioned commercial property in the heart of Osoyoos. Situated on a 2.388-acre site approximately 500 feet from the intersection of Highway 97 and Crowsnest Highway 3, this property offers excellent visibility, accessibility and long-term investment potential. The property includes approximately 26,000 sq. ft. of ground-floor retail space along with 15 residential rental apartments on the second level, providing a diversified income stream. Surrounded by established commercial amenities and high-traffic destinations, the property is directly across from Petro-Canada, 7-Eleven and Save-On -Foods, with A&W and McDonald’s nearby. The strategic highway location provides strong exposure to local, regional and seasonal traffic. A variety of future opportunities may exist, including increasing rental income, repositioning or redevelopment of the site, and potential additional pad development along the highway frontage, subject to municipal approvals. Osoyoos is a popular South Okanagan destination with a strong tourism economy, warm climate and convenient access to Penticton and Kelowna airports. NDA required prior to release of the rent roll and other confidential financial information. Buyer to independently verify all measurements, zoning, permitted uses and development potential with the appropriate authorities. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Residential Commercial Mix
Annual Taxes: $51,315

Property Details

Property Type Detached
Sub Type Other
Year Built 1973
Listing ID 10398652

Similar Listings You May Like

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided under copyright by CREA's Data Distribution Facility and is deemed reliable but is not guaranteed accurate by CREA or FlatKey Realty Ltd.

This website and its contents are not intended to solicit buyers or sellers currently under contract with another real estate brokerage.