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5638 HWY 97, Oliver, British Columbia, V0H1T9
Bathrooms3 Bedrooms6
Property TypeSingle Family Built in2004
Lot Size18731 square feet Building Area3000 square feet

What an amazing business opportunity in the heart of Wine Country. This well established 3500 sq ft grocery store specializes in ethnic foods serving the local multicultural community. A partial renovation of the store was done last year including Phase 3 wiring, counter tops and freezer. New slurpee machine and soft serve ice cream were also added. A portion of the store is sub-leased earning $700/ month and the front of the property is leased to a Food truck vendor earning $500/month. A 5 bed/3 bath residence built in 2004 also generates $1500 income from the main house and an additional $750 for the 2bedroom non-conforming suite. This property brings in close to $160,000 net a year and there is a lot more potential to grow. Listed at 12% cap rate, which is hard to find in today's market. All measurements are approx., buyer to verify. Duplicate listing Commercial ~ 176018 (id:15888)


Details
OwnershipFreehold TransactionFor sale
ViewMountain view
Building
AppliancesRefrigerator, Dishwasher, Washer, Dryer, Water softener, Stove Basement DevelopmentFinished
BasementFull (Finished) Constructed Date2004
Construction MaterialWood frame Construction Style AttachmentDetached
CoolingCentral air conditioning Exterior FinishVinyl
Fireplace FuelGas Fireplace PresentYes
Fireplace TypeConventional FixtureDrapes/Window coverings
Bathrooms (Total)3 Heating FuelNatural gas
HeatingForced air Roof MaterialAsphalt shingle
RoofUnknown Size Interior3000 sqft
Storeys Total2 TypeHouse
Utility WaterMunicipal water
Land
Size Total18731 sqft SewerSeptic System
Size Irregular18731
Level Type Dimensions
AboveLiving room16 ft x 24 ft
AboveDining room8 ft x 13 ft
AboveKitchen11 ft x 13 ft
AboveBedroom12 ft x 9 ft ,9 in
AboveBedroom11 ft x 11 ft
AboveBedroom11 ft x 11 ft ,4 in
AboveMaster bedroom12 ft x 13 ft
Above4pc Bathroom
Above4pc Ensuite bath
Main levelLiving room13 ft ,1 in x 18 ft
Main levelKitchen11 ft x 9 ft
Main levelBedroom10 ft x 111 ft
Main levelBedroom10 ft x 13 ft
Main levelLaundry room7 ft x 8 ft ,5 in
Main levelUtility room7 ft x 8 ft
Main levelStorage19 ft x 19 ft
Main level4pc Bathroom

Listing Office: RE/MAX WINE CAPITAL REALTY

Data Provided by South Okanagan Real Estate Board

Last Modified :23/09/2019 03:44:12 PM

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