3330 Richter Street Unit# 107, Kelowna | $450,000

This 664 sq ft tenanted cafe space in Lower Mission offers an excellent investment opportunity with immediate rental income and future potential for owner-occupation. Located on Richter Street, it serves the patrons of nearby dental and medical offices and benefits from high foot traffic to the building. The cafe is fully built out, tenanted, and features below market value lease rates with potential opportunity in the coming years. With the upcoming opening of Caban by Cressey, this space is poised for increased business. Conveniently situated just a short walk from the beach, this hidden gem is a valuable addition to any investment portfolio. Contact your REALTOR?(R) for more information or to arrange a viewing!

Description

This 664 sq ft tenanted cafe space in Lower Mission offers an excellent investment opportunity with immediate rental income and future potential for owner-occupation. Located on Richter Street, it serves the patrons of nearby dental and medical offices and benefits from high foot traffic to the building. The cafe is fully built out, tenanted, and features below market value lease rates with potential opportunity in the coming years. With the upcoming opening of Caban by Cressey, this space is poised for increased business. Conveniently situated just a short walk from the beach, this hidden gem is a valuable addition to any investment portfolio. Contact your REALTOR?(R) for more information or to arrange a viewing!

General Info


MLS Listing ID: 10316944 Bedrooms: 0 Bathrooms: 0 Year Built: 0

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .