10564 Powley Court, Lake Country
MLS® 10320165
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:36863)
Property Details
- Full Address:
- 10564 Powley Court, Lake Country, British Columbia
- Price:
- $ 5,250,000
- MLS Number:
- 10320165
- List Date:
- August 6th, 2024
- Lot Size:
- 0.65 ac
- Year Built:
- 2010
Interior Features
Building Features
- Zoning:
- Unknown
Floors
- Finished Area:
- 18000 sq.ft.
Land
- Lot Size:
- 0.65 ac
Neighbourhood Features
Ratings
Commercial Info
Location
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