104 George Street, Enderby, British Columbia V0E1V0

Listing courtesy of Real Broker B.C. Ltd.

$745,000
3
BD
2
BA
1,519
SqFt

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List Price
$745,000
MLS®
10384526
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
3
Bathrooms
2
Living Area
1,519
Lot Size Dimensions
0.92
Lot Size
40,075
Subdivision
Enderby / Grindrod

Property Description

Exceptional Investment Opportunity in the up and coming city of Enderby. Secure a solid, income-producing property with immediate cash flow and strong future upside. Currently generating approximately 3.5% ROI, this well-maintained holding property offers both stability today and significant development potential for tomorrow. Situated on 0.92 acres (40,000 sq ft) with 200 feet of prime Highway 97A frontage, the property consists of two legal PIDs and is presently zoned Country Residential. The City of Enderby has expressed interest in future C2 zoning (buyer to confirm), opening the door to a wide range of commercial and mixed-use development possibilities. The property currently has long-term tenants who would like to stay, providing dependable, low-maintenance income from day one and making this a truly turnkey investment. In addition to its strong income potential, the property offers scenic views of the iconic Enderby Cliffs, mature park-like landscaping with established fruit trees, and a circular driveway for convenient access. It also features a double detached carport with an attached workshop, a comfortable main residence with a large covered porch, and a fully serviced 440 sq ft studio that is ideal for additional rental income or flexible use. Listing photos are digitally staged, buyer should view to confirm. This is a rare opportunity to secure a high-exposure property with solid holding income and long-term development potential in a growing community. (id:5764)

Additional Information

Ownership
Freehold
View
Mountain view, Valley view, View (panoramic)
Garage
Yes
Subdivision
Enderby / Grindrod
Fireplaces
1
Cooling
Wall unit, See Remarks
Country
Canada
Flooring
Laminate, Carpeted, Vinyl
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Community Features
Family Oriented, High Traffic Area
Heating
Baseboard heaters, Electric, See remarks, Other
Lot Features
Private setting, Treed
Architectural Style
Ranch
Stories
1
Lot Size
40,075
Exterior Features
Wood siding

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Calculator source: Real Geeks