609 Highway 97 Osoyoos, BC V0H1V1

2,516 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2516

Square Footage 2,516 sqft

Price per Sqft $222

Subdivision Osoyoos

MLS® Listing ID 10380567

Lot Size 0.350 Acres

Acres 0.35

Property Description

EXCELLENT INVESTMENT AND BUSINESS OPPORTUNITY in a high-exposure commercial location surrounded by orchards, just five minutes from downtown Osoyoos and steps from the U.S. border. Situated on a spacious 0.35-acre lot with ample on-site parking, this income-producing property offers an attractive combination of established revenue, flexible commercial space, and future growth potential. The property currently generates approximately $3,800 per month from two established tenants, operating at an estimated 7.1% cap rate. Leasing the remaining vacant office space could potentially increase the cap rate to approximately 8% or higher. The building contains three separate office units, each with its own electrical service, providing excellent flexibility for investors, owner-occupiers, or multiple business operations. Open the door to a variety of potential business concepts, including a kennel or pet-care operation, or a secure storage facility catering to long-term travellers, snowbirds, and seasonal residents, subject to applicable zoning and approvals. Recent improvements include a new roof, while the large basement with extensive shelving provides valuable storage, inventory, or operational space. With tenants responsible for their own utilities, minimal ownership expenses, proven rental income, and immediate value-add potential, this is a compelling commercial investment in one of the South Okanagan's most strategic locations. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Roof Type Unknown

Attached Garage No

Garage Yes

Private Pool No

Building

Sewer Municipal sewage system

Listed by Royal LePage Desert Oasis Rlty

Monthly Payment

Use our payment calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Connect with one of our local Mortgage Lenders Now!