Lakewood Mall in Lake Country is for sale with a price tag of $11.5 million.
The listing on MCL Real Estate Group states the property at 11852 Highway 97 is an “extremely rare opportunity for an investor to purchase an income-producing retail shopping centre located in the heart of the Okanagan.”
The mall consists of two titles and is home to a new 10,300 square-foot Dollarama, Tim Hortons with a drive-thru and 15 other retail and service tenants.
“This property presents potential for significant rental income growth and future redevelopment opportunities,” the listing reads.
READ MORE: Grab a growler of gluten-free beer at new Lake Country brewery
@GaryBarnes109
gary.barnes@kelownacapnews.com
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