$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:64343)

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