The Salt Fowler Team at RE/MAX Vernon has listed a new property at 308 George Street in Enderby.
View Virtual Tours online. An established and potential-rich investment with incredible opportunity, this expansive property contains both residential and commercial leasing spaces for maximum return. With an 8.4% cap rate, the expansive property is both low risk and high reward. Three residential units exist in one building, including one bachelor suite and two single bedrooms with potential for up to 6 bedrooms if needed. Adjacent is the commercial building with multiple offices on two separate levels and currently a lease in place with option to extend. Outside, a massive paved parking lot exists with lane access and generous parking for both residents, tenants, and visitors. Ideally located, this property boasts highway exposure and two separate access points into the parking lot. (id:2493).
Check it out!! Call us today to find out what your Vernon/North Okanagan BC real estate is worth!