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5668 HWY 97 Highway, Oliver
2024-09-10
Quick Summary
MLS®#10323067
Property Description
This 1.95-acre property, situated just 500 feet from the town boundary and a traffic light with a dedicated left-hand turn lane, offers exceptional visibility and prominence along Highway 97 corridor with 200 feet of frontage. Located in a high-traffic, low-speed area, it is not within the Agricultural Land Reserve (ALR), allowing for a wide range of potential uses under its current C1 and I1 zoning. With dual access points from Hwy 97 and additional rear access from Cactus Street leading into a secure RV storage area—this location is both convenient and versatile. The property also boasts a 2,000 sq ft industrial drive-thru shop/warehouse with 14 ft doors & 16 ft ceiling, perfectly suited for light and heavy-duty vehicle and RV service maintenance & repairs, or other industrial activities. An additional 1200 sq ft shop/warehouse with 12.8 ceiling and 10ft door and extra office space offers even more room for expansion or the operation of a separate business. The property is equipped with 400 amp, single-phase power, ensuring a reliable electrical supply for a wide range of business needs. This was a successful used car and truck lot in operation for 30 years, establishing a strong customer base and consistent revenue. Don’t miss your chance to invest in a prime piece of real estate with a proven track record. For an information package or to schedule a viewing, please contact today! (id:32467)
Property Features
Building
- Cooling Type: Heat Pump
- Exterior Finish: Aluminum
- Fireplace: No
- Building Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Land Size: 1.95 ac|1 - 5 acres
Ownership
- Type: Freehold
Information entered by Royal Lepage South Country
Listing information last updated on: 2024-09-17 20:11:22
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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