$5,250,000
( $291.67Per Sq Foot )
 $28,183 est/mo Sourced by Back At You

10564 Powley Court,Lake Country, BC V4V1V5

Lake Country, BC V4V1V5

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Description

This in a AAA Commercial Real Estate investing Opportunity. There are 2 solid tenants paying Basic Rent plus all operating costs. The asking price reflects a realistic CAP rate (return rate) for a building of this type and offers the Investor a very stable and growing cash flow return on investment. The property is .65 Acres located directly facing Highway 97 for excellent visibility with 164 feet of Highway frontage. It is a 2010 built AAA Commercial quality building which is approximately 18,000 Sq ft plus a 4700 Sqft Parking garage. There is ample surface parking, a cul-de-sac with street parking and easy access to get in and out via the highway with both a left and right turn off the highway then though an easy round-a-bout avoiding lights and delays. Timely maintenance, painting and upgrades to HVAC etc have been done as required and the building shows very well. (id:13843)

Details

MLS#10320165
Listing TypeFor Sale
StatusActive
Year2010
Days On Site287
Listing Provided ByRE/MAX Vernon | David Pusey

Features

SQ Feet18,000
ZoningUnknown
Acreage0.65
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Learn More About This Property

ProvinceBC
CityLake Country
Postal CodeV4V1V5
Listing VS Median (in V4V1V5)
Price:
$5,250,000
low | high
Med:
$5,250,000
50% of Average
SqFt:
18,000
low | high
Med:
18,000
50% of Average
$ / SqFt:
$292
low | high
Med:
$292
50% of Average
On site:
287
low | high
Med:
287.000000
100% of Average
Sourced by Back At You
Listing Updated: April 24, 2025 at 11:40:14 AM PDT