5661 97 Highway, Falkland, British Columbia, V0E 1W0

MLS® # 10363939

Commercial For Sale In Falkland, British Columbia

$735,000

None Beds

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5661 97 Highway, Falkland, British Columbia, V0E 1W0

$735,000

Property Information:

Investors take note! With 2 residential suites and a commercial lease space under contract to a solid Tenant, this property will offer close to a 5% CAP rate. The high quality 3360 square foot building is located just off Highway 97 in Falkland, BC, and boasts excellent visibility and access. Built in 2009, the building features a main floor retail space currently leased to a licensed Cannabis dispensary, a nicely done 2 bedroom, 1 bathroom residential suite upstairs, plus a brand new 1 bedroom, 1 bath suite in the basement. Water supply is municipal, and the septic was engineered to accommodate a high consumption Commercial enterprise. There's not much to do here other than sit back and collect your rents! (id:27)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix
Exterior Finish: Other
Fire Protection: Security system
Floor Space: 3360 sqft
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Forced air
Cooling Type: Central air conditioning

Property Features:

Property Type: Other
Built in: 2009
Current Use: Mixed use
Features: Irregular lot size, Pole sign
Floor Space (approx): 3360 Square Feet
Utility Type: Sewer - Available, Hydro - Available, Telephone - Available, Water - Available, Natural Gas - Available
Sewer: Septic tank
Parking Type:

Courtesy of: RE/MAX Commercial Solutions

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Market Price Trends

All Properties

6.02%

Price change (1 year)

43.79%

Price change (5 years)

Location of 5661 97 Highway, Falkland, British Columbia, V0E 1W0

Lifestyle
Neighbourhood

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

26 hot days expected in 2050

Projected Precipitation Risk: Moderate

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

38/100

Moderate-Low

ClimateCheck®

Current data

This property, 5661 97 Highway , experiences 7 hot days per year at around 29.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past

29.8℃

2050

33.5℃

# Hot Days Per Year

Past

2050

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

15 storms expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 5661 97 Highway , experiences 13 significant 2-day storms per year, with about 201mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 230.6mm of precipitation per year.

Precipitation Per Storm

Past

201mm

2050

230.6mm

48-Hour Storms Per Year

Past

2050

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 5661 97 Highway, Falkland, British Columbia, V0E 1W0

Life Stage

Older Couples

Employment Type

Blue Collar/Primary

Average Household Income

$102,000.00

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.0 %

High school certificate or equivalent

41.25 %

Apprenticeship trade certificate/diploma

16.25 %

College/non-university certificate

12.5 %

University Degree

5.0 %

Commuter

Travel To Work

By Car

86.66 %

By Public Transit

0.0 %

By Walking

6.67 %

By Bicycle

0.0 %

By Other Methods

6.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.88 %

Houses

95.12 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 5661 97 Highway, Falkland, British Columbia, V0E 1W0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 5661 97 Highway, Falkland, British Columbia, V0E 1W0

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

5661 97 Highway, Falkland, British Columbia, V0E 1W0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing