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5661 97 Highway
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5661 97 Highway $735,000
$735,000
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5661 97 Highway
Falkland, British Columbia V0E1W0

MLS® Number: 10363939

Listing Description

Investors take note! With 2 residential suites and a commercial lease space under contract to a solid Tenant, this property will offer close to a 5% CAP rate. The high quality 3360 square foot building is located just off Highway 97 in Falkland, BC, and boasts excellent visibility and access. Built in 2009, the building features a main floor retail space currently leased to a licensed Cannabis dispensary, a nicely done 2 bedroom, 1 bathroom residential suite upstairs, plus a brand new 1 bedroom, 1 bath suite in the basement. Water supply is municipal, and the septic was engineered to accommodate a high consumption Commercial enterprise. There's not much to do here other than sit back and collect your rents! (39268112)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Salmon Vly / Falkland
Land Size
0.12 ac|under 1 acre
Built in
2009
Parking Type
Additional Parking
Time on REALTOR.ca
83 days

Price and Sale History

Date Status Price
Aug 29, 2025 Sale Closed $40,000
Nov 30, 2020 Sale Closed $375,000

Building

Bathrooms
Partial
0
Building Features
Features
Irregular lot size, Pole sign
Fire Protection
Security system, Smoke Detector Only
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, See remarks
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available), Sewer (Available), Water (Available)
Utility Sewer
Septic tank
Water
Municipal water
Exterior Features
Roof Style
Asphalt shingle
Exterior Finish
Other
Parking
Parking Type
Additional Parking

Measurements

Square Footage
3360 sqft

Land

Lot Features
Present Use
Mixed use
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250-503-7104
Email
RE/MAX Commercial Solutions
104 - 2800 29 Street
Vernon, British Columbia V1T9P9
250-503-3477
250-549-7007
Office Website
Tracie Gobelle