7408 Highway 101 | $5,195,000 | MLS® 20320
Alan Johnson Agent Photo
Alan
Johnson
COLLIERS INTERNATIONAL
#1900 - 200 Granville Street
Vancouver, BC
Canada V6C 2R6
MLS® 20320

Details

%
Years (35 year max)
Years



Address 7408 Highway 101
AreaPowell River
Sub AreaPR Powell River South
Postal CodeV8A 4Z2
State/ProvinceBritish Columbia
CountryCanada
Price$5,195,000
Property TypeBusiness w/Bldg & Land
Lot Size4.46 Acres
Taxes $23,444
Tax Year2026
MLS® #20320

An established and well-located multi tenant investment property, 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 storage units in 4 separate buildings, and a SFD home with 2 suites. The home and storage facility are operated by the Vendor (will consider leasing back storage), Fuel operations are tenants. Offering expansion potential, long term leases and high-quality national tenants, this property is an excellent investment opportunity with an incredible yield of 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
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