$5,450,000 FOR SALE

Commercial/Retail

10564 Powley Court
Lake Country, BC V4V 1V5 | Lake Country North West

This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:47423)

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Listed By RE/MAX Vernon
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10320165
Last Updated Aug 06, 2024
Property Summary
Property Type Commercial/Retail

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Price History
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Detailed Information
Listing Contract Date 2024-07-29
Municipal ID 002-085-941
Property Type Retail
Transaction Type For sale
Zoning Unknown
Building
Constructed Date 2010
Type Retail
Land
Total Size 0.65 acres
Size of Irregular Land 0.65

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