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1016 MAIN Street, Okanagan Falls, British Columbia, V0H 1R0

MLS® # 10302615
Commercial For Sale In Okanagan Falls, British Columbia
$1,599,900
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
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1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
1016 Main Street, Okanagan Falls, BC
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MULTIMEDIA

ACTIVE
1016 MAIN Street, Okanagan Falls, British Columbia, V0H 1R0
$1,599,900

Property Information:

AMAZING INVESTMENT OPPORTUNITY!!! 7 UNIT COMPLEX, potential RENTAL INCOME of $96,000/year (3 large commercial units plus 4 residential units) in prime location in the heart of Okanagan Falls in gorgeous South Okanagan Valley, 10 minutes from Penticton. PRIME HIGHWAY EXPOSURE mixed-use commercial / residential building with all four residential units (2 units located on the upper level of main building and 2 units within attached duplex at the back) currently rented to long term tenants, one commercial space currently rented and two commercial units available for rent or for your immediate use, downtown-commercial zoning, allowing for an array of uses. 5 out of 7 units currently rented, current rental income, $60,000/year, potential rental income $96,000 or more on full occupancy. Separate ductless heating and air conditioning systems in all commercial units, separate bathrooms and extra storage. Seize this chance – it is just waiting for an investor to unlock its full potential! (id:27)

Building Features:

  • Style: Mixed
  • Building Type: Residential Commercial Mix
  • Basement Type: Crawl space
  • Exterior Finish: Stucco
  • Floor Space: 3640 Square Feet
  • Roof Material: Tar & gravel
  • Roof Style: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Range, Refrigerator, Dryer, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Other
  • Amenities Nearby: Schools, Shopping
  • Built in: 1990
  • Current Use: Mixed use
  • Features: Level lot
  • Floor Space (approx): 3640.00 Square Feet
  • Landscape Features:
  • Lot Frontage: 60.0 Feet
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks, Other
  • No. of Parking Spaces: 1

Courtesy of: RE/MAX Realty Solutions

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 1016 MAIN Street, Okanagan Falls, British Columbia, V0H 1R0

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: High

27 hot days expected in 2050

Projected Storm Risk: Relatively Low

12 storms expected in 2050

Projected Heat Risk: High

27 hot days expected in 2050

50/100

High

ClimateCheck®

Current data

This property, 1016 MAIN Street , experiences 7 hot days per year at around 33.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 37.2 degrees Celsius.

Projected Avg. Temperature

Past
33.4℃
2050
37.2℃

# Hot Days Per Year

Past
7
2050
27

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: Relatively Low

12 storms expected in 2050

19/100

Relatively Low

ClimateCheck®

Current data

This property, 1016 MAIN Street , experiences 11 significant 2-day storms per year, with about 134.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 146.5mm of precipitation per year.

Precipitation Per Storm

Past
134.5mm
2050
146.5mm

48-Hour Storms Per Year

Past
11
2050
12

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 1016 MAIN Street, Okanagan Falls, British Columbia, V0H 1R0

Life Stage

Older Couples

Employment Type

Mixed

Average Household Income

$104,624.43

Average Number of Children

1.42

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.21 %

High school certificate or equivalent

34.57 %

Apprenticeship trade certificate/diploma

11.48 %

College/non-university certificate

29.96 %

University certificate (below bachelor)

2.19 %

University Degree

7.59 %

Commuter

Travel To Work

By Car

93.95 %

By Public Transit

0.0 %

By Walking

0.06 %

By Bicycle

3.19 %

By Other Methods

2.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.17 %

Houses

92.83 %

Own Vs. Rent

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