Fully Leased
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Approx NOI $165,240 - Increasing to 175,354 in Year 4.
New concrete parking pads and drainage with pit in 2023
New furnace and AC in 2023 for both sides of the building
Offered as a share sale
GLEBENINGEAB
Commercial Purchase Opportunity
Currently Leased to a Multi-National Tenant
Revenue opportunity in Oliver, BC. Located on a large .74 acre corner lot with a current lease to a large multi-national corporation. This 2018 built, 6000 sqft metal building with 20ft ceilings and a partial mezzanine can be configured to suit many applications. There are three 14ft tall bay doors providing great access into the shop area as well as an office, lunch room and reception area. Outside, there is plenty of secured paved parking as well as power along the fence line which is currently being used for the rental business. M1 zoning which allows for a multitude of uses.
Oliver, BC
Great location close to the Oliver airport and a 10 minute drive to the Area 27 Raceway, 35 minute drive to Penticton and a 20 minute drive to Osoyoos and 25 Minutes to the US Border.
USABorder
USABorder
M1 Zoning
INTENT
The intent is to provide a zone for industrial uses and retail sales auxiliary to the permitted industrial uses.
PERMITTED USES
The permitted uses in this zone are:
Principal Uses:
a) abattoirs;
b) automobile recycling;
c) bulk petroleum sales and storage;
d) cannabis production;
e) car wash;
f) concrete ready-mix plants;
g) construction services;
h) crematorium;
i) eating and drinking establishment;
j) education service, major;
k) food and beverage processing;
l) funeral service;
m) gravel crushing;
n) manufacturing;
o) outdoor storage
p) self-storage
q) sawmills;
r) service industry establishment, major;
s) service station, including a convenience store not exceeding 150 m2 of gross floor area;
t) recycled materials depot and drop-off centre
u) utility service;
v) veterinary clinic;
w) wholesale store, warehouses and freight terminals;
Accessory Uses:
x) dwelling unit;
y) offices;
z) retail sales;
aa) accessory buildings or structures, subject to Section 6.8.