SOLD (10/03/2022)

514 & 518 13TH STREET

Retail For Sale in Invermere, British Columbia

Incredible investment opportunity in booming Invermere BC! Opportunity to realize close to a 7% return!!! Two separately titled commercial buildings with long term leases are now being offered for sale as a package. 514 13th Street features 4000 square feet of lease space, the building was recently completely renovated with significant tenant improvements and the space is leased for ten years to a triple A national tenant. 518 13th Street features 3551 sq feet of lease space, significant leasehold improvements, and is leased to a local Spa and includes a new five year lease. Land & Buildings only for sale. Please do not approach or disturb the business tenants. Providing an excellent rate of return and being offered at a price much lower than replacement value here is the opportunity to make a smart strategic long term investment, hedge against inflation, and enjoy a steady passive income stream. Further details and information is available to qualified buyers who complete a non-disclosure agreement. (id:4069)
Address 514 & 518 13TH STREET
List Price $1,450,000
Sold Price $1,440,000
Sold Date 10/03/2022
Property Type Retail
Area British Columbia
Sub-Area Invermere
MLS® Number 2462632
Listing Brokerage Royal LePage Rockies West
Postal Code v0a1k0