Retail for sale

321 16 Highway, Burns Lake - Town, Burns Lake

$1,388,800 or
Contact the REALTOR®
Retail for sale in Burns Lake - Town, Burns Lake, Burns Lake, 321 16 Highway, 224967297 | Realtylink.org
$1,388,800 or

Retail for sale

321 16 Highway, Burns Lake - Town, Burns Lake

Features

Lifestyle
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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

Description

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.
MLS® Number C8062228

Listing REALTOR®

Ali Javon, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Ali Javon

REALTOR®, Personal Real Estate Corporation
604-428-5255

William Wright Commercial Real Estate Services

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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