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  5. 10564 Powley Court - MLS® #10320165

LAKE COUNTRY

Lake Country is a district municipality located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, and outdoor recreational opportunities, Lake Country is a popular destination for both residents and vacationers.

The real estate market in Lake Country offers a mix of single-family homes, townhouses, and condos. Prices are relatively affordable compared to other major Canadian cities. The district also has a good mix of older and new homes; many properties feature stunning views of the surrounding mountains, Okanagan lake, and Wood lake. The district boasts a small-town charm, with a good mix of amenities such as shops, restaurants, and schools. The district is also surrounded by many orchards and vineyards, giving the district a unique rural-urban balance.

Outdoor enthusiasts can also enjoy hiking, biking in the nearby mountains, and skiing at the Big White Ski Resort. Visitors can enjoy swimming, boating, and watersports on Okanagan Lake and Wood lake, which are surrounded by several beaches and parks. The district is also surrounded by several wineries that offer tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking in nearby mountains, and skiing at the Big White Ski Resort. Lake Country also boasts a rich agricultural scene with several orchards, vineyards, and farmers' markets that offer fresh local produce and products. The district also has a small-town charm, with a good mix of amenities such as shops, restaurants, and galleries. It also hosts several events and festivals throughout the year and offers scenic drives and beautiful views of the lake and mountains.

$5,250,000
10564 Powley Court - MLS® # 10320165

Description

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:2469)

Listing Provided By

RE/MAX Vernon

Neighborhood Info

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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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Property Details

Living Area
18,000 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
0.65 ac|under 1 acre
Taxes
N/A
Type
Retail
Style
N/A
Basement
Year Built
2010
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave w
  • Penticton, BC
  • V2A2A9

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

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