104 George Street

About this home

Exceptional investment situated on 0.92 acres (40,000 sq ft) with 200 feet of prime Highway 97A frontage, and two legal PIDs!! This is your opportunity to get into the market 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. 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:66966)

Details

Type

Detached

Style

Ranch

Size

1519 sq ft

Basement

Crawl space, Cellar

Garage

Garage

Property tax

$3,258

Neighbourhood

Enderby / Grindrod

Municipality

Enderby

Interior

Fireplace

Insert

Appliances

Washer, Refrigerator, Range - Electric, Dryer

Flooring

Laminate, Carpeted, Vinyl

Heating, cooling and services

Heating

Baseboard heaters, Electric, See remarks

Air conditioning

Wall unit, See Remarks

Water and sewer

Municipal sewage system

Building and exterior

Style

Ranch

Year built

1910

Roof

Asphalt shingle

Foundation

Block

Outdoor

Wood siding

Parking

Driveway and parking

Detached Garage, See Remarks, Additional Parking

Rooms

Location

Location is approximate. See nearby homes on the map