9939 Highway 101 | $2,648,000
Gemma Lee Agent Photo
Gemma
Lee
P. (604) 917-0187
Phone Gemma
ROYAL PACIFIC TRI-CITIES
101 A 566 Lougheed Hwy
Coquitlam Bc, BC
Canada V3K 3S3

Details

%
Years (35 year max)
Years



Address 9939 Highway 101
AreaPowell River
Sub AreaPR Powell River South
State/ProvinceBritish Columbia
CountryCanada
Price$2,648,000
Property TypeBuilding and Land
MLS® #18491

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!

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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