5689 97 Highway
Falkland, British Columbia V0E1W1

3 beds · 1 bath · 2700 sqft

Huge Potential with immediate income opportunity can be found in this multi commercial/single residential zoned property with Great Highway exposure on a spacious .32 acre lot. Rental potential for retail/commercial and/or residential components. Residential consists of a 1200 sq.ft. open concept daylight basement suite with 3 bedrooms, 1 bath, in-floor heating, laundry room with a septic system & city water. Recent updating includes flooring, doors, hot water tank & new washer/dryer. Suite is accessed from the road behind & there is parking for two cars. A private exterior stair case leads to a gated entrance to 900 sq.ft. fenced outdoor patio & main floor entrance to commercial portion. Commercial portion is approx. 1500sq.ft. with excellent highway exposure/entrance and abundant parking lot out front. There is a large open space, storage rooms, own hot water tank & water softener. This space would suit a wide variety of business opportunities so let your imagination run wild. Vacant portion of lot approximately 2,544 square feet next to the building is currently used by the suite resident for outdoor space & gardening. Opportunity exists for additional commercial development or expansion of current building - Walking distance to grocery store, post office, gas station, elementary school, restaurants & more! Rent/lease both components, live in suite & rent out top, or live in suite and have your business right upstairs! (id:39198)

Facts & Features

Building Type House, Detached

Year built 2003

Square Footage 2700 sqft

Stories 2

Bedrooms 3

Bathrooms 1

Parking 12

NeighbourhoodSalmon Vly / Falkland

Land size 0.32 ac|under 1 acre

Heating type Other

Basement type

Parking Type

Time on REALTOR.ca114 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: Royal LePage Downtown Realty

Powered by: REALTOR.ca

Home price

$569,900

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$5,184 / month

Rent $4,584

Savings $600

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$4,569 / month

Rent $4,444

Savings $125

Initial deposit 5%

Savings target Fixed at 5%

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