7408 Highway 101 Powell River, British Columbia V8A 4Z2

Acreage

$5,500,000

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:49203)

Business

Business Type Other, Retail and Wholesale, Service
Business Sub Type Automotive/aircraft

Property Details

MLS® Number 19448
Property Type Business
Features Visual Exposure

Building

Land

Access Type Highway Access
Acreage Yes
Size Irregular 4.46
Size Total 4.46 Ac
Size Total Text 4.46 Ac

https://www.realtor.ca/real-estate/29067226/7408-highway-101-powell-river

Contact Us

Contact us for more information

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Alan Johnson

(604) 671-0445
www.uniqueproperties.ca/

Colliers
#1100-1067 West Cordova Street
Vancouver, British Columbia V6C 1C7

(604) 681-4111
(604) 661-0849
collierscanada.com/

Dekker Team
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