1016 Main Street, Okanagan Falls

1016 Main Street, Okanagan Falls, BC V0H1R0 Photo 1

33 Photos

1016 Main Street, Okanagan Falls, BC V0H1R0 Photo 2
1016 Main Street, Okanagan Falls, BC V0H1R0 Photo 3
1016 Main Street, Okanagan Falls, BC V0H1R0 Photo 4
1016 Main Street, Okanagan Falls, BC V0H1R0 Photo 5
1016 Main Street, Okanagan Falls, BC V0H1R0 Photo 6
1016 Main Street, Okanagan Falls, BC V0H1R0 Photo 7
  • Living area: 3640 square feet
  • MLS®: 10302613
  • Type: Commercial
  • Added: 109 days ago

Property Details

AMAZING INVESTMENT OPPORTUNITY!!! 7 UNIT COMPLEX, potential RENTAL INCOME of $96,000/year (3 large commercial units plus 4 residential units) in prime location in the heart of Okanagan Falls in gorgeous South Okanagan Valley, 10 minutes from Penticton. PRIME HIGHWAY EXPOSURE mixed-use commercial / residential building with all four residential units (2 units located on the upper level of main building and 2 units within attached duplex at the back) currently rented to long term tenants, one commercial space currently rented and two commercial units available for rent or for your immediate use, downtown-commercial zoning, allowing for an array of uses. 5 out of 7 units currently rented, current rental income, $60,000/year, potential rental income $96,000 or more on full occupancy. Separate ductless heating and air conditioning systems in all commercial units, separate bathrooms and extra storage. Seize this chance – it is just waiting for an investor to unlock its full potential! (id:1945)

Property Information

  • Roof: Tar & gravel, Unknown
  • Sewer: Municipal sewage system
  • Zoning: Unknown
  • Cooling: Wall unit, See Remarks
  • Heating: Electric, See remarks, Other
  • Stories: 2
  • Year Built: 1990
  • Living Area: 3640
  • Lot Features: Level lot
  • Photos Count: 33
  • Water Source: Irrigation District
  • Lot Size Units: acres
  • Parcel Number: 015-765-351
  • Structure Type: Multi-Family
  • Common Interest: Freehold
  • Parking Features: Other
  • Tax Annual Amount: 6227.93
  • Lot Size Dimensions: 0.17
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Nearby Places

Name Type Address Distance
Tickleberry's Restaurant 1207 Main St 0.3 km
Sun and Sand RV Park Rv park Box 296 0.4 km
Christie Memorial Provincial Park Park Okanagan-Similkameen D 0.5 km
Okanagan Falls In 2012, Okanagan Falls expressed interest in inco... 0.8 km
Christie Memorial Provincial Park The park was established on 5 October 1965, in rem... 0.8 km
Okanagan Falls Provincial Park Okanagan Falls Provincial Park is a provincial par... 1.5 km
Meyer Family Vineyards Food 4287 McLean Creek Rd 1.7 km
Stags Hollow Food 2237 Sun Valley Way 2.9 km
Marron River The Marron River is a very small & very short rive... 3.1 km
Noble Ridge Vineyard & Winery Store 2320 Oliver Ranch Rd RR 2 3.5 km
Dominion Radio Astrophysical Observatory Establishment 717 White Lake Rd 4.3 km
Kraze Legz Vineyard and Winery Food 141 Fir Ave 4.4 km
Similar Commercial listings Stat in Okanagan Falls
We have found 1 Commercial that closely match the specifications of the property located at 1016 Main Street with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 999,900 and 999,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the V0H1R0 postal code area of Okanagan Falls British Columbia Canada.

Demographic Information

Neighbourhood Education

Bachelor's degree 35
University / Below bachelor level 25
Certificate of Qualification 40
College 65
University degree at bachelor level or above 40

Neighbourhood Marital Status Stat

Married 205
Widowed 40
Divorced 45
Separated 20
Never married 95
Living common law 50
Married or living common law 260
Not married and not living common law 200

Neighbourhood Construction Date

1961 to 1980 65
1981 to 1990 45
1991 to 2000 20
2001 to 2005 35
2006 to 2010 10
1960 or before 70
Comparison of 1016 Main Street, Okanagan Falls, BC with Nearby Commercial listings
Nearby Cities Listings Avg. price
Penticton Real Estate 614 $809.837
Oliver Real Estate 143 $831.175
Summerland Real Estate 141 $1.397.115
Osoyoos Real Estate 407 $681.985
Keremeos Real Estate 52 $687.244
Naramata Real Estate 81 $1.405.026
Peachland Real Estate 59 $1.362.812
West Kelowna Real Estate 409 $953.035
Popular Cities Listings Avg. price
Kelowna Real Estate 1414 $1.128.749
Vernon Real Estate 865 $839.709
Kamloops Real Estate 738 $799.116
Mission Real Estate 308 $1.275.400
Chilliwack Real Estate 551 $1.073.819
Maple Ridge Real Estate 666 $1.449.240
Abbotsford Real Estate 713 $1.395.535
Richmond Real Estate 756 $1.625.299
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