Prime Bums Lake investment! This mixed-use building, near hotels & shopping, offers 2 residential & 9 commercial units (all occupied!). Updates in 2013-14 include a new roof, vinyl plank flooring (most units), windows, electrical, added units, baths, doors, furnace & retaining wall. Priced at $1,295,000 with an 8.84% cap rate, this property offers excellent returns. Month-to-month leases provide income flexibility. A fantastic opportunity in Burns Lake's thriving market! (id:4069)
Address
321 16 HIGHWAY
List Price
$1,295,000
Property Type
Retail
Area
British Columbia
Sub-Area
Burns Lake
Lot Size
0.35 Sq. Ft.
MLS® Number
C8066957
Listing Brokerage
eXp Realty
Postal Code
V0J1E0
Amenities
Street Lighting, Storefront
