$2,095,000
Rare opportunity to purchase a stand alone warehouse investment property in Kelownaās highly sought-after industrial corridor at 470 Beaver Lake Road. The property is secured by a triple-net lease for another 15 months with a national pet food manufacturer, with renewal options in place - you can elect to terminate the lease and take over occupancy of the space or you can extend to the current tenant or lease to a new tenant! Room for income improvement. Lease expires in January 2027. It includes a 4,700 SF cinderblock building, an enclosed 960 SF storage area, and additional yard spaceāideal for operations and potential expansion. Recent upgradesāsuch as A/C installation, an expanded lunchroom, commercial-grade fans, and new doors and windows. It's a well-maintained facility. (id:60626)
Property Details
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MLS® Number
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10358500 |
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Property Type
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Industrial |
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Neigbourhood
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Lake Country East / Oyama |
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Amenities Near By
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Airport |
Building
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Exterior Finish
|
Concrete Block |
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Type
|
Other |
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Utility Water
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Well |
Land
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Acreage
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No |
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Current Use
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Industrial |
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Land Amenities
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Airport |
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Sewer
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Septic Tank |
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Size Irregular
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0.42 |
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Size Total
|
0.42 Ac|under 1 Acre |
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Size Total Text
|
0.42 Ac|under 1 Acre |
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Zoning Type
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Unknown |