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321 16 HIGHWAY, Burns Lake
Burns Lake
Retail
$1,295,000
For sale
0 BEDS
0 BATHS
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Description
Prime Bums Lake investment! This mixed-use building, near hotels & shopping, offers 2 residential & 9 commercial units (all occupied!). Updates in 2013-14 include a new roof, vinyl plank flooring (most units), windows, electrical, added units, baths, doors, furnace & retaining wall. Priced at $1,295,000 with an 8.84% cap rate, this property offers excellent returns. Month-to-month leases provide income flexibility. A fantastic opportunity in Burns Lake's thriving market!
General Info
C8066957
0
Visitor Parking
0.35 ac
Security system
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Purchase Amount
$ 1,295,000
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