Retail for sale
164 16 Highway, Burns Lake - Town, Burns Lake
$1,600,000
Features
Floor Area
6,978 sqft
Lot Size
51,836 sqft
Gross Property Tax
$162.50 /year
Building Type
Freestanding, Commercial Mix
Zoning
C2
Amenities
Air Conditioning, Cooler(s), Paved Yard, Visitor Parking, Washrooms Female/Male
Description
The Office Pub calls this building "home". The pub is fully leased and currently pays $13,000 per month. There are two separate spaces for lease in the walk out basement level, which can bring in an additional approx. $4,000 per month. You wont find better location in bustling Burns Lake for exposure. Highway frontage across from the busy mall and Wholesale Club which services many communities from all directions. On the junction to Francois Lake. All tourists, residents, visitors will pass this well appointed, well maintained property. Let it cash flow for you today. Potential for 10% to 13% cap rate is nothing to laugh at.
MLS® Number C8072194