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164 16 HIGHWAY, Burns Lake, British Columbia, V0E 1E0

MLS® # C8072194
Commercial For Sale In Burns Lake, British Columbia
$1,600,000

None Beds

164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
164 16 Highway, Burns Lake, BC
  • Advertising
164 16 HIGHWAY, Burns Lake, British Columbia, V0E 1E0
$1,600,000

Property Information:

The Office Pub calls this building "home". The pub is fully leased and currently pays $13,000 per month. There are two separate spaces for lease in the walk out basement level, which can bring in an additional approx. $4,000 per month. You wont find better location in bustling Burns Lake for exposure. Highway frontage across from the busy mall and Wholesale Club which services many communities from all directions. On the junction to Francois Lake. All tourists, residents, visitors will pass this well appointed, well maintained property. Let it cash flow for you today. Potential for 10% to 13% cap rate is nothing to laugh at. (id:27)

Building Features:

  • Style: Retail
  • Floor Space: 6978 sqft
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 6978 Square Feet
  • Road Type: Paved road
  • Parking Type: Visitor parking

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Market Price Trends

All Properties

11.2%

Price change (1 year)

52.51%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 164 16 HIGHWAY, Burns Lake, British Columbia, V0E 1E0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 164 16 HIGHWAY , experiences 7 hot days per year at around 26.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past
26.6℃
2050
29.9℃

# Hot Days Per Year

Past
7
2050
23

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

14 storms expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 164 16 HIGHWAY , experiences 12 significant 2-day storms per year, with about 186mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 222.9mm of precipitation per year.

Precipitation Per Storm

Past
186mm
2050
222.9mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 164 16 HIGHWAY, Burns Lake, British Columbia, V0E 1E0

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$129,596.60

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.05 %

High school certificate or equivalent

34.45 %

Apprenticeship trade certificate/diploma

11.81 %

College/non-university certificate

28.07 %

University Degree

14.61 %

Commuter

Travel To Work

By Car

83.04 %

By Public Transit

0.0 %

By Walking

8.48 %

By Bicycle

0.0 %

By Other Methods

8.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.85 %

Houses

88.15 %

Own Vs. Rent

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