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$ 730,000
Est. payment | /mo
1,300 SqFt
$ 730,000
Est. payment | /mo
1,300 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $561
Subdivision Lumby Valley
MLS® Listing ID 10364385
Year Built 1901
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to live in one of the suites for free. Each unit has been recently renovated, and major updates such as the furnace, hot water tank and exterior siding have been completed in recent years. This iconic and enduring building sits on a massive lot with commercial zoning, offering a variety of development options. Lots of Hwy traffic flow with plenty of extra parking in the back as well on street parking for additional customer parking if needed. Owner financing is available for the right buyer. Don't miss out on this unique opportunity to own a piece of Lumby's history while securing a profitable investment. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Total Parking Spaces 8
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://my.matterport.com/show/?m=oxQ7e93zcFG
Listed by Fair Realty
"Every home has a sweet story."