Asking Price
$999,000
Gross Revenue
Not Disclosed
Cash Flow
Not Disclosed
Overview
Business
Description
INVESTOR, Are you looking for a nice passive income stream?
LOCATION, LOCATION, LOCATION This 11,800 sq. ft Iconic Brick and Granite building on Hwy 3 Downtown Greenwood BC is revenue-generating and FULLY RENTED! This building has been updated to today's standards.
Real Estate is scorching HOT! This Won't Last Long!
The 3 lower-level units' are leased by premium tenants which include a Credit Union, retail store, and BC Liquor!
The upstairs has 5 suites available for rental. Current ownership occupies two suites. The other 3 suites are occupied by long-term renters.
Ownership will sell their existing business separately however they're open to discussions on their business depending on the offer and if the new owner wishes to continue to operate. The existing cap rate is over 7%.
Growth Prospects
The store serves the entire boundary area. Greenwood, midway, rock creek, Christian valley, Beaverdale, and even Grand Forks shops here.
Sale
Reason for Selling
retire
Premises
Facilities
Class "A" tenants in place. Multiple revenue streams!
Location
Kelowna, BC
Contact The Seller
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