7408 Highway 101 | $5,750,000 | MLS® 19448
Alan Johnson Agent Photo
Alan
Johnson
COLLIERS INTERNATIONAL
#1900 - 200 Granville Street
Vancouver, BC
Canada V6C 2R6
MLS® 19448

Details

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Years (35 year max)
Years



Address 7408 Highway 101
AreaPowell River
Sub AreaPR Powell River South
State/ProvinceBritish Columbia
CountryCanada
Price$5,750,000
Property TypeBuilding and Land
Lot Size4.46 Acres
Taxes $20,763
Tax Year2025
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.

Location

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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