Dave Kotler
Real Estate Professional
Questions? Call: 778-721-8184
Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:6289)
| Avg. asking price | $1,300,770 |
| Price per sq. ft. | $430 |
| Median price | $749,500 |
| Number of homes for sale in Lumby Valley | 89 |
| Number of homes for sale in Lumby | 98 |
| Avg. Days on Market | N/A |
Other
Lumby, British Columbia
Well-established And Highly Successful Pizza Business Offered For Sale Together With The Building. Located In A Prime, High-traffic Area Of Lumby, This Long-standing Local Favourite Benefits From Strong Community Support, Steady Foot Traffi ...(more)
