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| Daniel & Susan |
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Email Daniel |
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Phone: |
250-499-1363 |
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TollFree: |
1-877-499-1363 |
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Cell: |
250-499-1363 |
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Fax: |
250-499-7022 |
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Address:
714-7th St
Type: Commercial
Style: Bachelor Suite Upstairs
Bedrooms: 3 "1-2 bed/den, 1 bachelor"
Bathrooms: 3 "1per Apt, 1/2 in offices"
Size: 1,800 sq. ft. "Offices at Front"
Lot Type: Rectangular
Lot Size:
60ft x 60ft
"C1 Zoning"
Year Built: 1921 "Updated"
Taxes: $2,144.00 (2009)
MLS®: 106480/81
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Commercial Plus Residential in Updated Building in Commercial Core of Keremeos. Unusually flexible income generator!
Could be passive income from 2 apartments plus professional tenants in the offices. Or, owner could operate business out front with street entrance & enjoy income from 2 suites. Or, live-in one of the suites & rent out the office area and the remaining suite.
The 1921 Building has been tastefully renovated to a superior quality, inside and out. Concrete foundation, newer windows, stucco & cedar siding etc.
Office area has high visibility, good vehiclar & pedestrian traffic (across from the only grocery store in the area). Current tenants in the office include a professional health practictioner and a local educational program.
Behind the office is an renovated 2 bedroom and den apartment with open area, 11 foot ceilings, new slate flooring, new bathroom, new kitchen, windows, paint, trim etc. This suite is accessed by an outside door off the side of the building & if the next owner wanted to access the office from this suite, it would be possible to install an interior door for that purpose.
Upstairs is a totally separate bachelor suite accessed from a side entrance via an outside stairwell.
Along with everything else this building offers in passive or active income opportunities, there is also a possibility of future expansion because it is zoned C1 which means no setbacks and there is an open space behind the fence that could allow for expansion.
If you're looking for a way to acquire passive income, acquire mortgage helpers and future potential, check out this property. Showings will require ample notice due to the number of different tenancies that need to be respected. |
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Information is deemed to be correct but not guaranteed. All measurements approximate and must be verified by purchaser, if important. Not intended to cause a breach in an existing Agency Agreement.
