Address
2900 East Boundary Road Westbank, BC
Price
$ 4,290,000
Property Attributes
- ML#10215445
- TypeIndustrial
- CityWestbank
- NeighbourhoodThe Auto Centre
- Postal CodeV4T2H2
- Style
- Price$ 4,290,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage20444
Listing Provided Courtesy Of:
Coldwell Banker Horizon Realty
Property Description
A rare investment opportunity to purchase a 5 unit, 2 storey light industrial zoned development in central West Kelowna. Built in 2010, with over 19,000sqft of floor area, the McDougall Auto Centre is nearly 100% leased. 4 of the 5 units are currently leased, one has a nationally recognized tenant. Current Cap Rate of 4.3%, 5.2% potential once the remaining unit is leased at $12/sq. ft. A fully fenced 2 acre property with an abundance of outdoor customer/staff parking and 10 overhead grade entry garage delivery doors and up to 20' interior ceiling heights and concrete floors. Each unit has independent heating and cooling systems and there's additional development opportunity on site, as well as an option to purchase the 8 acre light industrial lot right next door to this property. Financing options in place with 125yr head lease. (id:7434)
General Features
| Building Type | Other |
|---|---|
| CommunityName | The Auto Centre |
| Moreinformationlink | https://www.realtor.ca/real-estate/22391979/2900-east-boundary-road-westbank-westbank-centre |
| Neighbourhood | Westbank Centre |
| Property Type | Industrial |
Interior Features
| Building Fireplace Present | False |
|---|
Amenities
- Views
- New Construction
- Adult
- Lease To Own
- No Strata Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. Data last updated on October 24, 2020 11:20 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Data last updated on October 24, 2020 11:20 AM UTC The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®
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Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2020 All rights reserved.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services