$ 699,000

3116 3 Highway, Erickson

Live/work opportunity with strong Highway 3 exposure—C-2 zoned commercial building plus updated residential home on 0.51 acre. This versatile property offers excellent visibility, ample paved parking, and flexible space for a wide range of business uses. The 2,730 sq ft commercial building features an open-concept layout, kitchen/prep area, large cooler, guest washroom, upgraded 200-amp electrical service, and an attached garage with high ceilings and overhead door—ideal for retail, service, or light industrial operations. High traffic location ensures consistent exposure for your business. The property also includes a fully updated 3 bedroom, 2 bathroom home, providing the option to live on-site, generate rental income, or accommodate staff. Significant renovations completed in 2025 create a comfortable, move-in ready living space. Ample parking for customers and clients, combined with the ability to operate and reside in one location, makes this a rare and practical investment in today’s market. Option to purchase existing business for a true turn-key setup. (id:1945)
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Property details for 3116 3 Highway, Erickson

Type
Commercial
Living Area
2,730 square feet
Lot Size
0.51
Parking
Attached Garage, Additional Parking
Heating
Radiant heat, See remarks
Cooling
Wall unit
Exterior
Stucco

Nearby Listings Stat

Estimated price and comparable properties near 3116 3 Highway

Active Listings
3
Min Price
$699,000
Max Price
$1,750,000
Avg Price
$1,049,333
Days on Market
224
days
Sold Listings
1
Min Sold Price
$395,000
Max Sold Price
$395,000
Avg Sold Price
$395,000
Days until Sold
180
days

Neighbourhood Census Data

Central Kootenay B, British Columbia / Colombie-Britannique

Population
656
Median Age
56.7
Median Income
$28,768
Dwelling Value
$299,617

Housing Tenure

Owners 90%
Renters 10%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 30.4/km²
Avg Shelter Cost: $781/mo
Owners with Mortgage: 41.2%
Owners Spending 30%+: 13.7%
Tenants Spending 30%+: 0%
English only: 95.4%
English and French: 3.8%
Median Household Income: $57,536
Median Employment Income: $21,803

Price History

Listed
March 20, 2026
by Stonehaus Realty (Kelowna)
Current Price
$699,000
Type
Commercial
For Sale
3116 3 Highway

Contact Agent Get in touch about 3116 3 Highway, Erickson

Diana Klejne
Diana Klejne
Stonehaus Realty (Kelowna)

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