REDUCED PRICE! Unbelievable Commercial Real Estate Investment-8 Units!
| Asking Price: | $999,000 |
| Inventory: | $50,000 |
| Gross Revenue: | $87,000 |
| Real Estate: | $999,000 |
INVESTOR, Are you looking for a nice passive income stream?
SELLER REDUCED PRICE ---Cap Rate 8.7% with a new price!
LOCATION, LOCATION, LOCATION This 11,800 sq. ft Iconic Brick and Granite building on Hwy 3 Downtown Greenwood BC is revenue-generating and FULLY RENTED! This building has been updated to today's standards.
Real Estate is scorching HOT! This Won't Last Long!
The 3 lower-level units' are leased by premium tenants which include a Credit Union, retail store, and BC Liquor!
The upstairs has 5 suites available for rental. Current ownership occupies two suites. The other 3 suites are occupied by long-term renters.
Ownership will sell their existing business separately however they're open to discussions on their business depending on the offer and if the new owner wishes to continue to operate. The existing cap rate is over 8%.
