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$2,550,000
Est. payment /mo
24,209 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 24,209 sqft
Price per Sqft $105
Subdivision Grand Forks
MLS® Listing ID 10349416
Year Built 1970
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Court Ordered Sale Capture the untapped potential of this expansive 24,000+ sq ft property, a prime investment opportunity that's already cash flow positive. Anchored by a secure 4-year government lease for a portion of the property, this building ensures stable income while offering partially renovated areas ready for completion to boost future revenue. With a compelling 9.3% CAP rate*, this property is a rare find for investors seeking strong fundamentals and room for strategic growth. Don't miss this chance to invest in a sizable asset with immediate returns and long-term value. (id:24570)
Location
Province BC
Zoning See Remarks
Rooms
Kitchen 0.0
Interior
Heating Forced air, Radiant heat
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by Royal LePage Little Oak Realty