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:61048)
MLS® Number | C8066957 |
Property Type | Retail |
Road Type | Paved Road |
Amenities | Street Lighting, Storefront |
Fire Protection | Security System |
Visitor Parking |
Acreage | No |
Size Irregular | 0.35 |
Size Total | 0.35 Ac |
Size Total Text | 0.35 Ac |
Electricity | At Lot Line |
Water | At Lot Line |
https://www.realtor.ca/real-estate/27949819/321-16-highway-burns-lake
Contact us for more information
Marc Posselt
(833) 817-6506
(778) 508-7639