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Renanza Realty
For sale

6222 Main Street

Oliver, British Columbia

MLS® 10382205

$899,900

Status
Active
Property type
Retail
MLS® number
10382205
Bedrooms
Bathrooms
Year built
1937

Listing description

Hallmark building in prime downtown core of Canada's Wine Capital! 7,300 feet of space: 10 tenanted spaces varying from 150 to nearly 1700 sq. ft.

Market appropriate rents = zero vacancy & minimal turn. Cap rate just under 6%. Tenants include RETAIL: Respect Record and Skate, Pottery Studio, CONVENIENCE RETAIL: CRISP Hair Salon, OKGN Laser Lounge, Olan Beauty, WELLNESS: Pilates Plus Fitness & Rehabilitation, Wild Daisy Yoga, Desert Rose Massage Therapy, SERVICE: Bookkeeping and Sewing Machine Repair.

Additional hallway/gallery space provided as community service to Sagebrushers Art Collective. Approximate 70/30 split between larger, street-level ground floor, and second floor with direct, level access to rear alley. Main level features two large retail storefronts, a glass vestibule to the gallery space providing direct access to remaining first floor businesses, and public stairwell to second floor at rear of building.

Two second floor spaces are flooded with light from oversized, east facing windows, and all benefit from stairwell and rear alley accessibility. 2 general access washrooms (1 each level), plus 3rd dedicated to the Pilates space. Period features include original, wide plank floors, post and beam construction, high ceilings, exposed ductwork, and vintage freight elevator shaft head.

Current owner upgrades: HVAC & AC, electrical, plumbing, roofing. Measurements approximate. Buyer to verify if important.

Cost effective third party management available if desired.

Property summary

MLS® number
10382205
Property type
Retail
Building type
Retail
Title
Freehold
Land size
0.14 acres
Built in
1937
Days on market
137 days

What would this home cost you?

Based on the $899,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,187 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage South Country, Oliver.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.