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321 16 HIGHWAY, Burns Lake, British Columbia, V0J 1E0

MLS® # C8057862
Commercial For Sale In Burns Lake, British Columbia
$1,400,000
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
321 16 Highway, Burns Lake, BC
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ACTIVE
321 16 HIGHWAY, Burns Lake, British Columbia, V0J 1E0
$1,400,000

Property Information:

Located in the vibrant heart of Burns Lake, adjacent to hotels and near shopping, this mixed-use building is a prime investment. It features 2 residential and 9 commercial units, all fully occupied, reflecting high demand. Renovated in 2013-2014 with a new roof, modern vinyl plank flooring (except in 2 carpeted units), updated windows, electrical systems, additional rental units, bathroom upgrades, new exterior doors, furnace, and retaining wall, it's in top condition. Priced at $1.4 million with an 8% Cap rate, it offers a lucrative return. The building's month-to-month leases provide flexibility to increase income, making it an attractive buy for those looking to invest in Burns Lake's thriving commercial landscape. (id:27)

Property Features:

  • Property Type: Office

Courtesy of: Landquest Realty Corporation, RE/MAX Bulkley Valley

REALTOR.ca  

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Market Price Trends

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

Location of 321 16 HIGHWAY, Burns Lake, British Columbia, V0J 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: Significant

23 hot days expected in 2050

Projected Storm Risk: Significant

14 storms expected in 2050

Projected Heat Risk: Significant

23 hot days expected in 2050

23/100

Significant

ClimateCheck®

Current data

This property, 321 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 Storm Risk: Significant

14 storms expected in 2050

39/100

Significant

ClimateCheck®

Current data

This property, 321 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 321 16 HIGHWAY, Burns Lake, British Columbia, V0J 1E0

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$125,472.95

Average Number of Children

1.93

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.37 %

High school certificate or equivalent

30.77 %

Apprenticeship trade certificate/diploma

8.36 %

College/non-university certificate

25.18 %

University Degree

16.33 %

Commuter

Travel To Work

By Car

86.17 %

By Public Transit

0.0 %

By Walking

6.9 %

By Bicycle

0.0 %

By Other Methods

6.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.43 %

Houses

89.57 %

Own Vs. Rent

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