4454 Willingdon Ave | $1,080,000 | MLS® 19442
Nick Bodie* Agent Photo
Nick
Bodie*
C. (604) 353-9468
P. (604) 485-4231
Phone Nick
ROYAL LEPAGE POWELL RIVER
4766 Joyce Ave.
Powell River, BC
Canada V8A 3B6
MLS® 19442

Details

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Years (35 year max)
Years



Address 4454 Willingdon Ave
AreaPowell River
Sub AreaPR Westview
State/ProvinceBritish Columbia
CountryCanada
Price$1,080,000
Property TypeBuilding and Land
Lot Size0.15 Acres
Year Built1960
Taxes $13,635
Tax Year2025
MLS® #19442

Location, Location, Location! Rare chance to own a unique, income-generating property in one of Powell River’s most desirable waterfront locations. This investment ‘package’ features the Powell River Harbour Guest House, situated at the foot of town on Willingdon Avenue, directly overlooking Westview marina and ferry terminal, together with the popular Thaidal Zone restaurant (note: lease to operator, the business is not for sale). The Guest House incorporates 6 guest rooms and shared amenities, including a newer modern kitchen, dining area and lounge, with ocean views from several rooms and decks. There have been recent upgrades to the guest house, including spray foam insulation and a sprinkler system throughout. Roofs replaced in 2014 (guest house) and 2010 (restaurant). There are also some cosmetic improvements underway. This attractive investment opportunity offers a projected cap rate of 9%+ from the stable revenue stream. Call listing agent with questions or to view.

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Data Source: Statistics Canada
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