1 of 35 - 321 16 Highway, Burns Lake, British Columbia
2 of 35 - 321 16 Highway, Burns Lake, British Columbia
3 of 35 - 321 16 Highway, Burns Lake, British Columbia
4 of 35 - 321 16 Highway, Burns Lake, British Columbia
5 of 35 - 321 16 Highway, Burns Lake, British Columbia
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321 16 Highway, Burns Lake, British Columbia

$1,400,000

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0.35

Acres

About 321 16 Highway

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:36535)

Features of 321 16 Highway

Listing # C8057862
Price $1,400,000
Bathrooms 0.00
Acres 0.35
Type Office

Community Information

Address 321 16 Highway
City Burns Lake
Province British Columbia
Postal Code V0J1E0

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of Cole Westersund and Jantina Hamelink Of Landquest Realty Corporation

Listing Map