| Oliver, British Columbia | | |
6222 Main Street
| | | $899,900 | | |
Welcome to 6222 Main Street...
a Hallmark building located in the prime, downtown commercial core of Oliver, Canada's Wine Capital in the sunny, South Okanagan! With 7,300 square feet of space, and 10 tenanted spaces varying from 150 to almost 1,700 square feet, this building presents a fantastic, stable investment opportunity.
The diverse spaces, and market-appropriate rents result in zero vacancy and minimal turn, and still support a CAP rate just under 6%.
Two spacious, street-facing storefront spaces...
are occupied by Respect Record and Skate, and a pottery studio/retailer as the building's newest tenant.
A central, street-front glass vestibule provides direct access...
...to the the four additional ground floor business including a bookkeeping service, and Olan Beauty, awhile also enabling a gallery space provided as a community service to the Sagebrushers Art collective.
High Ceilings, exposed ductwork, and vintage original floors accent the remaining two businesses on this level;...
CRISP Hair Studio and Pilates Plus Fitness And Rehabilitation studio (with ensuite washroom). A rear staircase and second washroom accessible to staff and patrons of all businesses round out the main floor.
The four upper level businesses...
...are easily accessed off of a sophisticated vestibule directly at grade from the rear alley, and via the rear staircase from the main level.
Wellness and personal services business...
...on this level include Wild Daisy Yoga Studio, OKGN Laser Lounge, Dessert Rose Massage Therapy, and a sewing machine repair service. A third, 3 piece washroom is available for businesses and their patrons on this level.
Extensive updates to this building by the current owner include HVAC and AC, electrical, plumbing and roofing improvements. Unique period features include original, wide-plank floors, post and beam construction, soaring ceilings, exposed ductwork, oversized, warehouse style windows (on the upper level), and even a vintage freight elevator shaft head in the yoga studio.
6222 Main St.,Oliver, B.C.
Cost effective, third party property management is available if desired. Information package provided with signed non-disclosure agreement.
Open for business...
and poised for incredible growth, Canada's Wine Capital balances small town charm with abundant services and amazing recreational amenities. Situated halfway between Osoyoos and Penticton on the Interior's busiest thoroughfare, this is your opportunity to front a great local business fixture in the beautiful, sunny South Okanagan!
Note: This storybook is not intended to solicit parties currently under contract.