609 Highway 97

2,516 sqft

EXCELLENT INVESTMENT AND BUSINESS OPPORTUNITY in a high-exposure commercial location surrounded by orchards, just five minutes from downtown Osoyoos and steps from the U.S. border. Situated on a spacious 0.35-acre lot with ample on-site parking, this income-producing property offers an attractive combination of established revenue, flexible commercial space, and future growth potential. The property currently generates approximately $3,800 per month from two established tenants, operating at an estimated 7.1% cap rate. Leasing the remaining vacant office space could potentially increase the cap rate to approximately 8% or higher. The building contains three separate office units, each with its own electrical service, providing excellent flexibility for investors, owner-occupiers, or multiple business operations. Open the door to a variety of potential business concepts, including a kennel or pet-care operation, or a secure storage facility catering to long-term travellers, snowbirds, and seasonal residents, subject to applicable zoning and approvals. Recent improvements include a new roof, while the large basement with extensive shelving provides valuable storage, inventory, or operational space. With tenants responsible for their own utilities, minimal ownership expenses, proven rental income, and immediate value-add potential, this is a compelling commercial investment in one of the South Okanagan’s most strategic locations. (id:67517)

• Property Details

  MLS® Number	10380567
  Property Type	Other
  Neigbourhood	Osoyoos

• Building

  CoolingType	Central Air Conditioning
  ExteriorFinish	Stucco
  HeatingFuel	Electric
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  SizeInterior	2,516 Sqft
  Type	Residential Commercial Mix
  UtilityWater	Municipal Water

  Additional Parking

• Land

  Acreage	No
  CurrentUse	Mixed Use
  Sewer	Municipal Sewage System
  SizeIrregular	0.35
  SizeTotal	0.35 Ac|under 1 Acre
  SizeTotalText	0.35 Ac|under 1 Acre

• Rooms
• Utilities