10564 Powley Court

Retail For Sale in Lake Country, British Columbia

$5,450,000
  • 18,000 Sq. Ft.
  • Built 2010
This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:4069)
Address 10564 Powley Court
List Price $5,450,000
Property Type Retail
Type of Dwelling Retail
Area British Columbia
Sub-Area Lake Country
Floor Area 18,000 Sq. Ft.
Lot Size 0.65 Sq. Ft.
Year Built 2010
MLS® Number 10320165
Listing Brokerage RE/MAX Vernon
Postal Code V4V1V5

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