Thrive Okanagan Real Estate Team

Office: 250-503-3487 |

RE/MAX Vernon Listings

10564 Powley Court
Lake Country North West Lake Country V4V 1V5

$5,450,000
Retail

Main Photo: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 1: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 2: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 3: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 4: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 5: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 6: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 7: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Photo 8: 10564 Powley Court in Lake Country: Retail for sale : MLS®# 10320165
Status:
Active
Prop. Type:
Retail
MLS® Num:
10320165
Build. Type:
Retail
This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:2493)
Property Type:
Retail
Total Living Area:
18,000 sq. ft.
Zoning:
Unknown
Community:
Lake Country North West
Structure Type:
Retail
Half Bathrooms:
0
Fireplace:
No
Lot Size:
0.65 acre(s)
Lot Details:
0.65
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Listed by RE/MAX Vernon
Data was last updated December 3, 2024 at 11:15 AM (UTC)
STEVE WIKKERINK
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.