7408 Highway 101, Powell River Property Listing: MLS® #19448

About 7408 Highway 101

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:36535)

Features of 7408 Highway 101

Listing #	19448
Price	$5,500,000
Bathrooms	0.00
Acres	4.46
Type	Business

Community Information

Address	7408 Highway 101
City	Powell River
Province	British Columbia
Postal Code	V8A4Z2

Amenities

Features	Visual exposure
Is Waterfront	No
Has Pool	No

Interior

Fireplace	No
Has Basement	No

Listing Details

Office	Courtesy Of Colliers