Evan Goode
Referral Partner
Questions? Call: (778) 721-8878
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:6289)
| Avg. asking price | $781,651 |
| Price per sq. ft. | $308 |
| Median price | $649,900 |
| Number of homes for sale in Oliver | 114 |
| Number of homes for sale in Oliver | 190 |
| Avg. Days on Market | N/A |
Other
Oliver, British Columbia
Phenomenal Development Opportunity In The Heart Of Canada's Wine Capital. Zoning Changes And Official Community Plan Modifications Already In Place: 511 Church Rezoned Tc/town Centre: Uses Include Apartment Building, Gallery, Studio, Office ...(more)
Other
Oliver, British Columbia
Phenomenal Development Opportunity In The Heart Of Canada's Wine Capital. Zoning Changes And Official Community Plan Modifications Already In Place: Rezoned Tc/town Centre: Uses Include Apartment Building, Gallery, Studio, Office, Childcare ...(more)
