10564 Powley Court. Lake Country, British Columbia V4V1V5

$5,250,000

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Description

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:6289)

10564 Powley Court - Subdivision Statistics

Avg. asking price $1,613,186
Price per sq. ft. $611
Median price $995,000
Number of homes for sale in Lake Country North West 71
Number of homes for sale in Lake Country 238
Avg. Days on Market N/A

Essential Information

  • Listing #10357526
  • Price$5,250,000
  • Bathrooms0.00
  • Square Footage18,000
  • Acres0.65
  • TypeRetail
  • Sub-TypeRetail

Interior

  • Interior FeaturesDrywall

Community Information

  • Address10564 Powley Court
  • SubdivisionLake Country North West
  • CityLake Country
  • ProvinceBritish Columbia
  • Postal CodeV4V1V5

Listing Details

  • Listing OfficeRE/MAX Vernon
REALTOR.ca logo
Request a showing of 10564 Powley Court, a 0 bedroom, 0.00 bathroom Retail in Lake Country North West, Lake Country. Built in and approximately 18,000 square feet in size, MLS #10357526 is currently listed for $5,250,000. To schedule a property tour, contact us at KelownaHomes.ca