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522 FAIRVIEW Road

$899,000 |  Beds |  Baths |
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522 FAIRVIEW Road

MLS #195083

Property Description

Incredible opportunity in the heart of wine country. Free standing and architecturally unique commercial building in a prime location in downtown Oliver BC. The 7632 sq ft building that has been fully modernized and updated located on an underdeveloped .38 acres with ample parking. Purchase as an income producing property, redevelopment/expansion or a great combination for an owner user who has great ideas while producing some passive income. This property could be well suited to a Brew Pub, restaurant, Tourist destination and there a conceptual plans available for a 14 room boutique hotel with Penthouse. Notable features and upgrades include lane access, high traffic exposure, large patio, new roof, and plenty of space to expand for other income producing ideas. The property currently has 3 great tenants with unique and popular business creating a steady income for the owner. All necessary permits and engineering were obtained in the refurbishing of this property. (id:47466)

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Price:$899,000
MLS® Number:195083
Full Address:522 FAIRVIEW Road, Oliver, British Columbia, V0H1T0
Built In:1934
List Date:June 27th, 2022
Lot Size:0.380 ac

Property Specifications

Ownership Type:Freehold
Utility Sewer:Municipal sewage system
Water Service:Municipal water

Building Features

Amenities Nearby:High Traffic Area

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Agent: John Green | Office: RE/MAX Penticton Realty
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

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