My Office Listings

321 16 HIGHWAY
Burns Lake Burns Lake V0J 1E0

$1,400,000
Office

Main Photo: 321 16 HIGHWAY in Burns Lake: Office for sale : MLS®# C8057862
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Status:
Active
Prop. Type:
Office
MLS® Num:
C8057862
Located in the vibrant heart of Burns Lake, adjacent to hotels and near shopping, this mixed-use building is a prime investment. It features 2 residential and 9 commercial units, all fully occupied, reflecting high demand. Renovated in 2013-2014 with a new roof, modern vinyl plank flooring (except in 2 carpeted units), updated windows, electrical systems, additional rental units, bathroom upgrades, new exterior doors, furnace, and retaining wall, it's in top condition. Priced at $1.4 million with an 8% Cap rate, it offers a lucrative return. The building's month-to-month leases provide flexibility to increase income, making it an attractive buy for those looking to invest in Burns Lake's thriving commercial landscape. (id:2493)
Property Type:
Office
Transaction Type:
For sale
Fireplace:
No
Acreage:
No
Lot Size:
15,246 sq. ft.
Lot Size:
0.35 ac
Lot Details:
0.35
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Listed by Landquest Realty Corporation and RE/MAX Bulkley Valley
Data was last updated April 20, 2024 at 11:15 AM (UTC)
Janet Benson
Cell: 250-877-8727
Office: 250-847-5999
Fax: 250-847-9039
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.