2 LARGE WAREHOUSES on 1+ ACRE PROPERTY! Potential Rental Income: $150,000/year - Potential for a Cap Rate of approx: 7%. Prime investment opportunity in the heart of the Osoyoos Buena Vista Industrial Park located 3km northwest of downtown Osoyoos and 2km northwest of the intersection of Highways 3 and 97, and about 7km north of the Canada/US border. This commercial property spans 1.17 acres and hosts two substantial steel frame buildings, totalling five distinct commercial units. Each unit offers flexibility and functionality suited for a variety of business types, making this an ideal choice for diversifying your investment portfolio. The durable construction and strategic location enhance the potential for high rental yield and capital appreciation. Building “A” was built in 1994, approx. 8,407 sqft -is comprised of 4 units: Unit 1 adjacent to 115th Street is 1,840 sqft, currently vacant, used previously as offices. Unit 2 is a 1,833 sqft was used as an industrial unit, currently vacant, Unit 3 is a 1,833 sqft industrial unit, currently rented-out and Unit 4 is a 2,901 sqft industrial unit. Building “B “ was built in 2010 - approx. size: 4200 sqft. Electrical service: 200 amp main with sub-panels, 3 - phase. The permitted uses in this zone are: manufacturing, processing, finishing, animal hospital; automobile, boat, trailer, and recreation vehicle service, sales and rental; recreational vehicle storage lot; automotive and truck repair shop; and so much more options. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
