- ©MLS 10349416
- Area 24209 sq ft
Description
Court Ordered Sale Capture the untapped potential of this expansive 24,000+ sq ft property, a prime investment opportunity that’s already cash flow positive. Anchored by a secure 4-year government lease for a portion of the property, this building ensures stable income while offering partially renovated areas ready for completion to boost future revenue. With a compelling 9.3% CAP rate*, this property is a rare find for investors seeking strong fundamentals and room for strategic growth. Don’t miss this chance to invest in a sizable asset with immediate returns and long-term value. (id:48970) Show More
Details
- Constructed Date: 1970
- Property Type: Other
- Type: Residential Commercial Mix
- Access Type: Easy access
- Neighbourhood: Grand Forks
Ammenities + Nearby
- Park
- Schools
- Park
- Schools
Features
- Level lot
- Wheelchair access
- Central air conditioning
- Sprinkler System-Fire
- Security system
- Forced air
- Radiant heat
Location
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Data provided by: Okanagan-Mainline Real Estate Board