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$ 525,000
Est. payment /mo
New
6272 MAIN Street Oliver, BC V0H1T0
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Oliver
MLS® Listing ID 10373059
Lot Size 6,098 Sqft
Acres 0.14
Property Description
BUILDING ONLY — Prime investment opportunity in the heart of downtown Oliver! This 4,365 sq ft commercial building offers three well-positioned storefronts with outstanding exposure along the town's main vehicular corridor. Surrounded by three major banks, the property benefits from strong pedestrian and vehicle traffic throughout the day. The owner currently operates an East Indian grocery store from one unit and will lease it back on a secure 5-year term. The remaining two units have recently been leased, each with 5-year terms in place, providing stable and predictable income from day one. At the rear of the building, four dedicated parking stalls with access to a shared common area enhance convenience for both customers and staff. An excellent opportunity for investors or owner-users seeking a fully leased, high-visibility asset in a vibrant downtown core. Offered at over a 6.5% cap rate at the asking price. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Forced air, See remarks
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by RE/MAX Wine Capital Realty
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