$ 5,450,000 10564 Powley Court

This listing presented by Stephen Buck. Contact Stephen by phone: 250-860-1100 or email direct here.

Listing Info

Area: Lake Country
Property Type: Retail
MLS® Number: 10320165
Year Built: 2010
Lot Size: 0.65
Listing Status: Active
List Price: $ 5,450,000

Place Nearby (within radius 1.5 km)



0 BR / 0 BA Retail – Lake Country

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:6769)

Construction Info

Interior Finish: 18000

Rooms Dimension

Listing Agent:

David Pusey
(250) 550-4069

Brokerage:

RE/MAX Vernon
(250) 549-4161
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