$3,999,900

Hope BC, V0X 1L2

MLS® # C8062603

Property Information:

Huge reduction, and CAP Rate is now 5%. Strip mall located in downtown of growing Hope, BC. Zoned CBD, allowing variety of uses. Good CAP rate, and priced below appraisal value. It is a mixed commercial building with five retail units on main and five apartment units on top. Total of eight strata titles and 52 parking stalls. Huge corner lot, about 0.65 acre. Metal roof was installed in 2015, and building was completed around 1992. Opportunity to add potential growth in your investment portfolio. All appointments must be done through the listing realtor. All measurements are approximate and buyers to verify all information if deemed important. (id:27)

Building Features:

Style: Multiplex
Amenities: Storefront
Floor Space: 13000 sqft

Property Features:

Property Type: Multi-family
Built in: 1990
Floor Space (approx): 13000 Square Feet
Utility Type: Water - At Lot Line
Parking Type: Visitor parking

Courtesy of: Coldwell Banker Executives Realty (Kamloops)

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⚠ Potential Investment Performance

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Market Price Trends

Location of 1-5, A,D,E 821 SIXTH AVENUE|Hope, Hope, British Columbia, V0X 1L2

Lifestyle
Neighbourhood

Demographic Information of 1-5, A,D,E 821 SIXTH AVENUE|Hope, Hope, British Columbia, V0X 1L2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$75,020.90

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.23 %

High school certificate or equivalent

45.06 %

Apprenticeship trade certificate/diploma

13.61 %

College/non-university certificate

10.06 %

University Degree

6.04 %

Commuter

Travel To Work

By Car

76.35 %

By Public Transit

0.0 %

By Walking

18.53 %

By Bicycle

0.0 %

By Other Methods

5.12 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.38 %

Houses

71.62 %

Own Vs. Rent