$333,000
623 7th Avenue
Beds
—
Baths
—
Sqft
—
Year
1920
Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Keremeos. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Exceptional Investment Opportunity 3 Income producing Units in the Heart of Keremeos, BC! Discover a fantastic commercial residential mixed use property that delivers reliable revenue and long term potential. This solid concrete building has seen extensive updates over the past decade, making it a turnkey opportunity for savvy investors or owner, occupiers. Located in the heart of Keremeos, just steps from the village square and adjacent to a scenic park, this property offers incredible visibility and convenience. You're only 30 minutes to Osoyoos Lake and 45 minutes to Penticton, giving you easy access to two of the South Okanagan’s most popular destinations. The property features two ground level commercial suites, ideal for generating consistent business income. Above, a spacious one bedroom residential suite provides flexible use. Live in it yourself or rent it out for even more revenue. That’s three income producing opportunities in one! MONEY MAKER! A private, low-maintenance backyard offers a peaceful outdoor space, while large parking areas and back lane access enhance functionality and appeal. Even room to park an RV or Boat! Whether you're an investor, entrepreneur, or looking for a live/work setup, this prime Keremeos property is a rare find. Don't miss out book your private showing today! (id:65958)
- Subtype
- Other
- Structure
- Residential Commercial Mix
- Community
- Keremeos
- Living area
- 525 square feet
- Lot size
- 0.08 acres
- Lot dimensions
- 0.08
- Parking
- 5 total
- On market
- Sep 11, 2025
- Status changed
- Apr 24, 2026
- Annual tax
- $2,808
- Photos
- 41
- MLS#
- 10362456
- Area
- KEREMEOS
Features and systems
Parking
Heating
Cooling
Exterior
Cash on cash
5.07%
Cap rate
5.88%
GRM
11.6
Break-even rent
$2,104
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.