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$675,000
Est. payment /mo
6,272 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,272 sqft
Price per Sqft $107
MLS® Listing ID C8071086
Year Built 1975
Lot Size 1.580 Acres
Acres 1.58
Source BC Northern Real Estate Board
Property Description
Situated in a high-profile location along Highway 24, this fully tenanted commercial property offers a rare blend of stable income and diversified tenant mix. Anchored by Canada Post, a trusted national tenant, the property also features a popular local coffee shop and a well-established retail store, ensuring steady foot traffic and community engagement. In addition to its commercial appeal, the property includes two newly renovated residential suites offering modern finishes and strong rental demand. A separate freestanding residential unit adds further income potential, while the inclusion of rented yard space maximizes the site's profitability. The property is 100% occupied and currently delivers a solid 8% CAP Rate, making it an attractive turnkey investment for those seeking cash flow and long-term value. With excellent visibility and access along a busy corridor in the heart of Lone Butte, this is a standout opportunity for investors looking to secure a stable asset in a growing area. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
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Listed by RE/MAX Real Estate (Kamloops)