$3,100,000
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142 Morison Ave, Parksville, BC V9P0B1

This listing is for the sale of shares of 2 corporations. The first one being the Tower Brae Holdings Ltd. which operates as Parksville Home Hardware, Parksville, B.C. This is a well established Home Hardware franchise with a proven record of profits over many years. It is located in the heart of downtown Parksville with excellent traffic flow and is a destination business with many regular customers. The premises is a well maintained building with ample space to display the retail sales of this well stocked family hardware store. Any buyer must be able to qualify as a franchisee within the Home Hardware franchise agreement. Tower Brae Holdings Ltd. is offered for sale at $650, 000 which includes $350, 000 in inventory. The purchase price would be adjusted to reflect actual inventory at the takeover date. The second corporation is Ormiston Holdings Ltd, which owns the land and buildings, consisting of 142 Morison Ave with 6, 997 sq ft of retail space, valued at $2.2M and a warehouse at Unit 7-1147 Franklin's Gull Rd in the Parksville Industrial Park with approx. 1300 sq ft of storage space, valued at $250, 000 and reflects a combined cap rate of 5.71% (id:55598)

  • MLS® 968147
  • Date Listed06/20/2024
  • Days on Realty 89 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 6,997 sq. ft
  • Subdivision Parksville
  • Year Built 1952

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 6,997.00
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in BC / V9P0B1

Source: Walkscore

80/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

55/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 27/100.

Points of interest near 142 Morison Ave, Parksville, BC V9P0B1

Frequently Asked Questions for 142 Morison Ave

Source: Realty.com

142 Morison Ave, Parksville, BC V9P0B1 is a Retail, Commercial Sale property listed for $3,100,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 4 photos of 142 Morison Ave.

Our records indicate that 142 Morison Ave was built in 1952.

The full address for this home is 142 Morison Ave, Parksville, BC V9P0B1.

142 Morison Ave has been listed on Realty.com since Thu June 20, 2024

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 14/100, Transit Score: 0/100, Bike Score: 27/100.

Listing provided courtesy of: NAI Commercial Central Vancouver Island Ltd. (tel: (250) 753-5757)
Listing agent: Greg Sabo (tel: (250) 753-5757)

This content last refreshed on 2024-09-17 20:57:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 142 Morison Ave, Parksville, BC V9P0B1 : MLS® 968147