Johnson
#1900 - 200 Granville Street
Vancouver, BC
Canada V6C 2R6
Details
| Address | 7408 Highway 101 |
| Area | Powell River |
| Sub Area | PR Powell River South |
| State/Province | British Columbia |
| Country | Canada |
| Price | $5,750,000 |
| Property Type | Building and Land |
| Lot Size | 4.46 Acres |
| Taxes | $20,763 |
| Tax Year | 2025 |
| MLS® # | 19448 |
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.
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