321 16 Highway Burns Lake, British Columbia V0J 1E0
$1,295,000
Prime Bums Lake investment! This mixed-use building, near hotels & shopping, offers 2 residential & 9 commercial units (all occupied!). Updates in 2013-14 include a new roof, vinyl plank flooring (most units), windows, electrical, added units, baths, doors, furnace & retaining wall. Priced at $1,295,000 with an 8.84% cap rate, this property offers excellent returns. Month-to-month leases provide income flexibility. A fantastic opportunity in Burns Lake's thriving market! (id:54588)
Property Details
| MLS® Number | C8066957 |
| Property Type | Retail |
| RoadType | Paved Road |
Building
| Amenities | Street Lighting, Storefront |
| FireProtection | Security System |
Parking
| Visitor Parking |
Land
| Acreage | No |
| SizeIrregular | 0.35 |
| SizeTotal | 0.35 Ac |
| SizeTotalText | 0.35 Ac |
Utilities
| Electricity | At Lot Line |
| Water | At Lot Line |
https://www.realtor.ca/real-estate/27949819/321-16-highway-burns-lake
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March 12 2025 08:35:45
BC Northern Real Estate Board
Exp Realty