586 School Avenue, Oliver

586 School Avenue, Oliver, BC V0H1T0 Photo 1

11 Photos

586 School Avenue, Oliver, BC V0H1T0 Photo 2
586 School Avenue, Oliver, BC V0H1T0 Photo 3
586 School Avenue, Oliver, BC V0H1T0 Photo 4
586 School Avenue, Oliver, BC V0H1T0 Photo 5
586 School Avenue, Oliver, BC V0H1T0 Photo 6
586 School Avenue, Oliver, BC V0H1T0 Photo 7
  • Bedrooms: 2
  • Bathrooms: 1
  • Living area: 1054 square feet
  • MLS®: 10309252
  • Type: Commercial
  • Added: 20 days ago

Property Details

Introducing an exclusive real estate development opportunity: an 8-unit property in Oliver, contingent on the joint sale of both properties. The development permit is ready for immediate acquisition, requiring the buyer to apply for the building permit to commence the project. This development encompasses four units on each of the paired properties at 586 School Ave and 491 Church Ave. These two-story units, spanning approximately 1150 sqft each, 3-bedroom configurations. Situated within walking distance to the school and various amenities, the location is ideal for families. Both houses are presently tenanted, generating a monthly rental income of nearly $3000, plus utilities, ensuring a steady cash flow during the period of awaiting the building permit. (id:1945)

Property Information

  • Roof: Asphalt shingle, Unknown
  • Sewer: Municipal sewage system
  • Zoning: Unknown
  • Cooling: See Remarks
  • Heating: Forced air, See remarks, Other
  • Current Use: Mixed use
  • Lot Features: Level lot, Corner Site
  • Photos Count: 11
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 012-869-538
  • Parking Total: 1
  • Structure Type: Residential Commercial Mix
  • Parking Features: Other, See Remarks
  • Exterior Features: Vinyl siding
  • Lot Size Dimensions: 0.14
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Nearby Places

Name Type Address Distance
Firehall Bistro Restaurant 34881 Okanagan Hwy 0.3 km
Oliver's Bakery & Deli Bakery 6030 Main St 0.3 km
Best Of India Restaurant Restaurant 36094 97 St 0.3 km
Southern Okanagan Secondary School On September 12, 2011 the majority of the school w... 0.3 km
Oliver Municipal Airport Airport Oliver 1.0 km
South Okanagan General Hospital It is located in the town of Oliver, British Colum... 1.1 km
Oliver Municipal Airport The airport has been considered for expansion... 1.1 km
Quinta Ferreira Estate Winery Food 34664 71st Street 1.2 km
Buy-Low Foods Grocery or supermarket 34017 97th St 1.3 km
Tuc-el-nuit Lake Tuc-el-nuit Lake is a lake in the Similkameen Divi... 2.0 km
Fairview, British Columbia It is the original townsite for what is now the to... 3.5 km
River Stone Estate Winery Liquor store 143 Buchanan Dr 3.5 km
Similar Commercial listings Stat in Oliver
We have found 5 Commercial that closely match the specifications of the property located at 586 School Avenue with distances ranging from 2 to 0 kilometers away. The prices for these similar properties vary between 549,995 and 800,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the V0H1T0 postal code area of Oliver British Columbia Canada.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 45
Certificate of Qualification 20
College 110
University degree at bachelor level or above 50

Neighbourhood Marital Status Stat

Married 215
Widowed 30
Divorced 35
Separated 25
Never married 105
Living common law 70
Married or living common law 285
Not married and not living common law 195

Neighbourhood Construction Date

1961 to 1980 40
1981 to 1990 10
2001 to 2005 10
1960 or before 175
Comparison of 586 School Avenue, Oliver, BC with Nearby Commercial listings
Nearby Cities Listings Avg. price
Osoyoos 405 $693.719
Okanagan Falls 70 $1.056.678
Penticton 624 $792.158
Keremeos 54 $668.787
Princeton 103 $568.328
Summerland 138 $1.362.587
Naramata 78 $1.379.462
Peachland 55 $1.330.109
Popular Cities Listings Avg. price
West Kelowna 414 $942.016
Kelowna 1408 $1.129.786
Vernon 861 $831.686
Mission 303 $1.296.290
Kamloops 742 $798.569
Maple Ridge 674 $1.478.969
Chilliwack 555 $1.062.434
Abbotsford 688 $1.400.450
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