Hancock*
928 Baker Street
Cranbrook, BC
Canada V1C 1A5
Details
Address | 681 Main Street |
Area | South Okanagan |
Sub Area | PE - Main North |
State/Province | British Columbia |
Country | Canada |
Price | $875,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 1 |
Half Baths | 1 |
Floor Space | 1616 Square Feet |
Lot Size | 0.11 Acres |
Waterfront | No |
Year Built | 1917 |
Taxes | $3,746 |
Tax Year | 2024 |
MLS® # | 10324676 |
Own a unique property package on bustling Main Street. This property is perfectly positioned for both immediate use and future development. This rare offering combines both commercial and residential components on a single lot, making it an ideal investment for savvy buyers. The property features a charming 480 sq ft storefront commercial building that has recently been completely built out for a showroom and can be effortlessly converted into storefront. Perfect for a variety of business ventures, alongside a 5-bedroom, 2-bathroom home spanning 1,700 sq ft. The residence is conveniently located directly behind the commercial space, providing privacy and easy access via a rear alley, complete with a separate garage for added convenience and storage. Zoned C5, this lot offers incredible flexibility for development, allowing for 100% lot coverage and no setbacks. This means you can maximize your investment potential with ease. The zoning permits construction of approximately 8 stories or up to 36.6 meters in height, making it an exceptional opportunity for developers eager to capitalize on the increasing demand for both residential and commercial spaces in this vibrant area. Whether you’re looking to hold the property for future appreciation or develop it into something spectacular today, contact the listing rep to learn more about this opportunity.
Listed by ROYAL LEPAGE LOCATIONS WEST
Location
About
Tyler’s past achievements include 7 year Gold Medal winner and 11 years in the “Top 50″ for the Kootenay Real Estate Board. Inducted into the Re/Max Hall of Fame (2001) and Re/Max Lifetime Achievement Award (2012). He has been involved with land development and is considered an expert in Buyer Agency. You won’t find many Realtors with this kind of background and experience that you will receive when working with Tyler.
Born in Saskatchewan, raised in Manitoba and living in Alberta for 15 years has developed Tyler into a true Western Canadian boy and he will most likely have some kind of connection with the buyer coming from these areas! Tyler has coached Hockey, Volleyball, Baseball and Basketball and was a director and vice president with Creston Valley Minor Hockey Association. Tyler and his family are passionate about golfing and skiing as well.