A rare opportunity to acquire approximately 0.5 of an acre of Commercial/Highway zoned property along Creston's primary highway corridor, currently improved with 14 residential rental units. The property is fully occupied and includes one 3-bedroom home, one 2-bedroom home, two individual cabins, four 1-bedroom suites and six bachelor suites. The majority of tenants are long-term, providing an established rental base in a community that has historically experienced very low rental vacancy. The property has been maintained and upgraded over time, including plumbing, electrical components, HRV units and fire-rated drywall to meet current building and safety requirements. The zoning provides flexibility beyond the existing residential use, creating potential for future commercial, redevelopment or other permitted uses, subject to municipal approvals. The highway location offers excellent exposure and proximity to established commercial businesses and services. An owner could continue the property as a rental business, live onsite and self-manage, or utilize professional management while considering longer-term opportunities for the property. (id:44393)
| MLS® Number | 10401432 |
| Property Type | Other |
| Neigbourhood | Creston |
| Amenities Near By | Shopping |
| Community Features | High Traffic Area |
| Constructed Date | 1960 |
| Exterior Finish | Wood Siding |
| Heating Type | Baseboard Heaters |
| Roof Material | Asphalt Shingle,metal |
| Roof Style | Unknown,unknown |
| Type | Other |
| Utility Water | Municipal Water |
| Additional Parking |
| Access Type | Easy Access, Highway Access |
| Acreage | No |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.55 |
| Size Total | 0.55 Ac|under 1 Acre |
| Size Total Text | 0.55 Ac|under 1 Acre |
| Cable | Available |
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/30319626/1441-northwest-boulevard-creston-creston
Contact us for more information
Katie-Faye Jenkins
(250) 869-0101
assurancerealty.c21.ca/
Scott Veitch
(250) 869-0101
assurancerealty.c21.ca/
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