5661 97 Highway,Falkland, BC V0E1W0
Falkland, BC V0E1W0
Description
INVESTOR ALERT! Exceptional opportunity to acquire a high-quality mixed-use investment property with potential of three income streams in a prime Highway 97 location. Built in 2009, this well-maintained 3,360 sq.ft. building offers excellent visibility, easy access, and strong long-term investment potential in the heart of Falkland. The property features a commercial space on the main floor, a spacious 2-bedroom residential suite above, and a newer 1-bedroom suite below, creating diversified revenue and reducing vacancy risk. Designed for efficiency and durability, the building is serviced by municipal water, natural gas heating, central air conditioning, engineered commercial septic, ample parking, and prominent storefront exposure. Strategically positioned along one of British Columbia's primary transportation corridors between the Okanagan and Kamloops, this income-producing property benefits from consistent local and traveller traffic. Ideal for investors seeking reliable cash flow, portfolio diversification, or owner-occupiers looking to offset expenses with rental income. Mixed-use commercial properties offering multiple revenue streams, modern construction, highway exposure, and strong holding potential are increasingly difficult to find (id:374)
Details
| MLS # | 10390687 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Year | 2009 |
| Days On Site | 145 |
| Listing Provided By | Oakwyn Realty Okanagan-Letnick Estates | Bip Thind |
Features
| SQ Feet | 3,360 |
|---|---|
| Acreage | 0.12 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, See remarks |
| Fireplace Yes / No | No |
Exterior
| Security Features | Security system, Smoke Detector Only |
|---|---|
| Roof | Asphalt shingle, Unknown |
| Lot Features | Irregular lot size, Pole sign |
Parking
| Parking Features | Additional Parking |
|---|
Utilities
| Utilities | Water, Natural Gas, Electricity, Telephone |
|---|---|
| Sewer | Septic tank |
| Water Source | Municipal water |
Area Information
| Province | BC |
|---|---|
| City | Falkland |
| Postal Code | V0E1W0 |
| Listing VS Median (in V0E1W0) | |
Price: $620,000 low | high Med: $510,000 sqft: 3,360 low | high Med: 3,112 $ / sqft: $185 low | high Med: $164 On site: 145 low | high Med: 317 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Falkland |
| Postal Code | V0E1W0 |
| Listing VS Median (in V0E1W0) | |
Price: $620,000 low | high Med: $510,000 sqft: 3,360 low | high Med: 3,112 $ / sqft: $185 low | high Med: $164 On site: 145 low | high Med: 317 | |
