321 16 Highway, Burns Lake - Town, Burns Lake

$1,388,800 |   MLS® Number  C8062228

Retail for sale in Burns Lake - Town, Burns Lake, Burns Lake, 321 16 Highway, 224967297 | Realtylink.org

Retail for sale

Floor Area
15,575 sqft
Lot Size
15,575 sqft
Gross Property Tax
$11,980.83 /year
Building Type
See Realtor Remarks
Zoning
N/A

Located in the heart of Burns Lake, this prime mixed-use building offers an 8% cap rate and consists of 2 residential and 9 commercial units, all fully occupied by long term tenants. Renovated in 2014, the building features a new roof, updated windows, modern vinyl plank flooring, and upgraded electrical systems. The property includes flexible month-to-month leases and an assumable low-interest mortgage. It's strategically located near hotels and shopping in a thriving commercial area.