











1/1315720 Oyama Road, Lake Country, BC V4V2E1
$980,000 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
99%
Lot Size
0.12 ac
PLEASE DO NOT APPROACH THE STAFF, CONFIDENTIALITY IS ESSENTIAL. Exceptional opportunity to acquire a highly visible, extensively improved commercial property in the heart of Oyama at 15720 Oyama Road. Situated directly across from Wood Lake, this unique property offers outstanding exposure along a well-travelled corridor connecting Lake Country and Vernon, with the Rail Trail and waterfront just steps away. The building has undergone significant improvements and presents beautifully, with a bright, modern interior, extensive glazing, upgraded HVAC, attractive finishes, service counters, washrooms and inviting indoor and outdoor areas. The property is currently operating under a Temporary Use Permit registered on title through June 18, 2029, creating an opportunity for an owner-operator or investor while offering longer-term redevelopment or rezoning potential subject to District approvals. The real estate is being offered independently and the listing price does NOT include the existing business operations, specialty equipment, furniture or operating assets. However, the current operations and a substantial turnkey equipment and furnishings package may also be available to an interested purchaser by separate negotiation. An excellent opportunity to acquire a distinctive commercial property in one of Lake Country's most charming communities. Do not disturb staff or attend the property for listing inquiries without an appointment. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$69K
Annual cash flow
$14K
Cash-on-cash
4.90%
DSCR
1.27
Going-in cap
7.01%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
110,722
Households
46,940
Median income
$137,500
Median age
38.6
Daytime population
115,452
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 15720 Oyama Road, Lake Country.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.