7408 Highway 101 - Retail FOR SALE


Powell River, BC V8A 0R1
$6,390,000 CAD
866-607-3184

NO PHOTO

$6,390,000 CAD
Retail - FOR SALE
null | 7% Cap Rate

7408 Highway 101
Powell River, BC V8A 0R1


HIGHLIGHTS

  • Robust improvements and long-term ground lease options.
  • With multiple revenue streams.
  • Significant growth potential from storage expansion.

OVERVIEW

This business offers over four acres of real estate with robust improvements and long-term ground lease options. Apart from long-term tenancy, it also derives passive income from 72 self-storage units and a rental duplex. With multiple revenue streams and significant growth potential from storage expansion, the business presents a lucrative opportunity amidst a growing economy.

FOR SALE DETAILS

PRICE

$6,390,000 CAD

PRICE/SF

$356 CAD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

REDUCED - INCOME GENERATING AND DEVELOPMENT

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Pino BacinelloSunbelt Business Brokers Pacific Inc.More Info
866-607-3184

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Pino BacinelloSunbelt Business Brokers Pacific Inc.More Info
866-607-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.