591 Church Avenue, Oliver, BC, V0H 1T0 - commercial for sale | Listing ID 10309253

Commercial For Sale In Oliver, British Columbia

$597,000

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591 CHURCH Avenue, Oliver, British Columbia, V0H 1T0

$597,000

Property Information:

Introducing an exclusive real estate development opportunity: an 8-unit property in Oliver, contingent on the joint sale of both properties. The development permit is ready for immediate acquisition, requiring the buyer to apply for the building permit to commence the project. This development encompasses four units on each of the paired properties at 586 School Ave and 491 Church Ave. These two-story units, spanning approximately 1150 sqft each,3-bedroom configurations. Situated within walking distance to the school and various amenities, the location is ideal for families. Both houses are presently tenanted, generating a monthly rental income of nearly $3000, plus utilities, ensuring a steady cash flow during the period of awaiting the building permit. (id:27)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix
Exterior Finish: Stucco
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Forced air, Other
Heating Fuel: Electric
Cooling Type:

Property Features:

Property Type: Other
Amenities Nearby: Schools, Ski area
Current Use: Mixed use
Features: Corner Site
Zoning Type: Unknown
Sewer: Municipal sewage system
Parking Type: See Remarks, Other
No. of Parking Spaces: 1

Courtesy of: RE/MAX Penticton Realty, Homelife Benchmark Titus Realty

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Market Price Trends

Location of 591 CHURCH Avenue, Oliver, British Columbia, V0H 1T0

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: High

28 hot days expected in 2050

Projected Storm Risk: Significant

12 storms expected in 2050

Projected Heat Risk: High

28 hot days expected in 2050

52/100

High

ClimateCheck®

Current data

This property, 591 CHURCH Avenue , experiences 7 hot days per year at around 33.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 37.7 degrees Celsius.

Projected Avg. Temperature

Past

33.9℃

2050

37.7℃

# 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 Storm Risk: Significant

12 storms expected in 2050

20/100

Significant

ClimateCheck®

Current data

This property, 591 CHURCH Avenue , experiences 11 significant 2-day storms per year, with about 139.6mm 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 153.8mm of precipitation per year.

Precipitation Per Storm

Past

139.6mm

2050

153.8mm

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 591 CHURCH Avenue, Oliver, British Columbia, V0H 1T0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,889.12

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.13 %

High school certificate or equivalent

35.05 %

Apprenticeship trade certificate/diploma

10.09 %

College/non-university certificate

17.57 %

University Degree

12.16 %

Commuter

Travel To Work

By Car

86.64 %

By Public Transit

0.0 %

By Walking

9.61 %

By Bicycle

3.5 %

By Other Methods

0.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

6.45 %

Houses

93.55 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 591 CHURCH Avenue, Oliver, British Columbia, V0H 1T0

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 591 CHURCH Avenue, Oliver, British Columbia, V0H 1T0

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

591 CHURCH Avenue, Oliver, British Columbia, V0H 1T0

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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