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10564 Powley Court
Lake Country British Columbia V4V1V5 Canada

$5,450,000

Active Listing ID 10320165
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18,000 square feet
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Retail

$5,450,000

Active Listing ID 10320165
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10564 Powley Court 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:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 8/6/2024 6:06:25 PM GMT
Source Updated Date: 12/25/2024 10:41:51 PM GMT

Courtesy of: David Pusey, Personal Real Estate Corp, RE/MAX Vernon