7408 HIGHWAY 101, Powell River, BC V8A4Z2
7408 HIGHWAY 101, Powell River, BC V8A4Z2
7408 HIGHWAY 101, Powell River, BC V8A4Z2
7408 HIGHWAY 101, Powell River, BC V8A4Z2
7408 HIGHWAY 101, Powell River, BC V8A4Z2
7408 HIGHWAY 101, Powell River, BC V8A4Z2
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$ 5,500,000
Est. payment | /mo

4.46 Acres Lot


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$ 5,500,000
Est. payment | /mo
Save

4.46 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS® Listing ID 19448

Lot Size 4.460 Acres

Acres 4.46

Property Description

An established and well-located property that has been developed as a multi-tenant facility, this 4.5 acre site includes the following tenants: Retail gas bar (Canco), Propane sales (Superior Propane) Card lock fuel sales (Parkland/Columbia). In addition to these operations, the property also includes: 72 individual self storage units in 4 separate buildings, and a SFD home with 2 suites. The home and storage facility are operated by the Vendor, Fuel operations are tenants. Offering expansion potential, long term leases and high-quality national tenants, this property is an excellent investment opportunity with a current yield of just under 8%. Additional immediate income generation is possible through the leasing of a newly constructed auto service bay, in addition to open yard storage for RVs, boats, equipment etc. Powell River is a popular Sunshine Coast community that is expected to see renewed growth with the future development of the former Tis'kwat Mill. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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Listed by Colliers

NEARBY SCHOOL & BUSINESS

RALPH RICHARDSON

+1(416) 523-6447

ralph@ralphrichardson.ca

119 Merton Street, Toronto

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7408 HIGHWAY 101