This mixed-use property offers strong cash flow and future development potential. It includes two sections: Section A features a commercial building leased to a grocery and liquor store, generating reliable income under a 18-year NNN lease. The tenant covers property taxes, insurance, and maintenance, ensuring minimal landlord involvement. Section B is a vacant lot with significant development potential, offering flexibility for future commercial or retail projects. With a projected rental profit of $ 1.8 million over the next 18 years and 2% annual rent increases, this property is a solid investment. Whether seeking consistent returns or long-term growth, this opportunity in the vibrant Powell River market is not to be missed. A solid investment opportunity with minimal landlord involvement. Invest today in this prime location with a stable lease and exciting future possibilities! (id:55598)
- MLS® 18491
- Date Listed12/13/2024
- Time on Realty 0 Hours
- Bedrooms -
- Bathrooms
- Lot Size -
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Sales & Tax History
Source: Public Records
10/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
18/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 11/100.
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Frequently Asked Questions for 9939 HIGHWAY 101
Source: Realty.com
9939 HIGHWAY 101, Powell River, BC V8A0K1 is a Other, Business Opportunity property listed for $2,648,000 The property is 0 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 2 photos of 9939 HIGHWAY 101.
The full address for this home is 9939 HIGHWAY 101, Powell River, BC V8A0K1.
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 0/100, Bike Score: 11/100.
Listing provided courtesy of:
Royal Pacific Tri-Cities Realty
(tel: (604) 917-0187)
Listing agent:
Gemma Lee
(tel: (403) 682-7823)
This content last refreshed on 2024-12-13 16:35:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 9939 HIGHWAY 101, Powell River, BC V8A0K1 : MLS® 18491