REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 899,000
Est. payment | /mo
3,620 SqFt
$ 899,000
Est. payment | /mo
3,620 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,620 sqft
Price per Sqft $248
Subdivision Lavington
MLS® Listing ID 10356244
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Excellent investment opportunity!! Over $5000 / month in potential revenue from 5 different rental units. Don't miss out on your chance to own one of six C1 zoned lots in Lavington. With Lumby booming and businesses flourishing in the area it will be easy to maximize your potential out of this investment. Great opportunity to live and work on site. Bluenose Mountain Deli Restaurant tenant paying $1500 / month until the end of October and would love to stay long term. Also there are 3 X 1 bed / 1 bath nicely updated apartments around the back. These units have updated counters, flooring, some cabinetry, and have been well cared for. Plus there is a detached shop that used to have a garage door and is still framed for one. This could be rented out as storage, mechanic shop, woodworking shop, manufacturing, etc. 200 amp service that feeds the apartments is pulled to shop and 100 amp panel in shop. Each apartment has their own panel as well. Separate 200 amp service to the restaurant and tenant pays this bill. Seller spent $70,000 on a new septic system in 2020. Furnace new in 2020. A/C unit for the restaurant 2021. Torch on roof is 15 years old. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Forced air, See remarks
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Total Parking Spaces 4
Private Pool No
Building
Sewer Septic tank
Others
Ownership Freehold
Listed by RE/MAX Vernon
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "