5661 97 Highway

3,360 ft²

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:45055)

• Property Details

  MLS® Number	10363939
  Property Type	Other
  Neigbourhood	Salmon Vly / Falkland
  Features	Irregular Lot Size, Pole Sign

• Building

  ConstructedDate	2009
  CoolingType	Central Air Conditioning
  ExteriorFinish	Other
  FireProtection	Security System, Smoke Detector Only
  HeatingType	Forced Air, See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  SizeInterior	3,360 Ft2
  Type	Residential Commercial Mix
  UtilityWater	Municipal Water

  Additional Parking

• Land

  Acreage	No
  CurrentUse	Mixed Use
  Sewer	Septic Tank
  SizeIrregular	0.12
  SizeTotal	0.12 Ac|under 1 Acre
  SizeTotalText	0.12 Ac|under 1 Acre

• Rooms
• Utilities

  Electricity	Available
  Natural Gas	Available
  Telephone	Available
  Sewer	Available
  Water	Available