609 Highway 97. Osoyoos, British Columbia V0H1V1

$559,000

Mortgage Calculator

Down Payment: Monthly Payment:
  • 2,516 SqFt
  • $222.18 / SqFt
  • Neighbourhood: Osoyoos
  • HOA: N/a
  • MLS® #: 10380567
  • Year Built:

Schedule a Tour

Monday
12
Oct
Tuesday
13
Oct
Wednesday
14
Oct
Thursday
15
Oct
Friday
16
Oct
Saturday
17
Oct
Sunday
18
Oct
Monday
19
Oct
Tuesday
20
Oct
Wednesday
21
Oct
Thursday
22
Oct
Friday
23
Oct
Saturday
24
Oct

Take a tour with a buyer's agent

Request this time
It's free, with no obligation - cancel any time.

Description

EXCELLENT INVESTMENT AND BUSINESS OPPORTUNITY in a high-exposure commercial location surrounded by orchards, just five minutes from downtown Osoyoos and steps from the U.S. border. Situated on a spacious 0.35-acre lot with ample on-site parking, this income-producing property offers an attractive combination of established revenue, flexible commercial space, and future growth potential. The property currently generates approximately $3,800 per month from two established tenants, operating at an estimated 7.1% cap rate. Leasing the remaining vacant office space could potentially increase the cap rate to approximately 8% or higher. The building contains three separate office units, each with its own electrical service, providing excellent flexibility for investors, owner-occupiers, or multiple business operations. Open the door to a variety of potential business concepts, including a kennel or pet-care operation, or a secure storage facility catering to long-term travellers, snowbirds, and seasonal residents, subject to applicable zoning and approvals. Recent improvements include a new roof, while the large basement with extensive shelving provides valuable storage, inventory, or operational space. With tenants responsible for their own utilities, minimal ownership expenses, proven rental income, and immediate value-add potential, this is a compelling commercial investment in one of the South Okanagan’s most strategic locations. (id:6289)

609 Highway 97 - Subdivision Statistics

Avg. asking price $680,351
Price per sq. ft. $401
Median price $489,500
Number of homes for sale in Osoyoos 306
Number of homes for sale in Osoyoos 382
Avg. Days on Market N/A

Essential Information

  • Listing #10380567
  • Price$559,000
  • Square Footage2,516
  • Acres0.35
  • TypeOther
  • Sub-TypeResidential Commercial Mix

Amenities

  • ParkingAdditional Parking
  • GaragesAdditional Parking

Exterior

  • ExteriorStucco
  • RoofAsphalt shingle, Unknown

Community Information

  • Address609 Highway 97
  • AreaOsoyoos
  • SubdivisionOsoyoos
  • CityOsoyoos
  • ProvinceBritish Columbia
  • Postal CodeV0H1V1

Interior

  • HeatingElectric
  • CoolingCentral air conditioning

Listing Details

  • Listing OfficeRoyal LePage Desert Oasis Rlty
REALTOR.ca logo
Request a showing of 609 Highway 97, a bedroom, bathroom Residential Commercial Mix in Osoyoos, Osoyoos. Built in and approximately 2,516 square feet in size, MLS #10380567 is currently listed for $559,000. To schedule a property tour, contact us at KelownaHomes.ca