INVESTMENT PROPERTY - PRIME CORNER LOT with freestanding commerical kitchen, leased to a food production, sales and catering business. This property offers rental income with the upside from rent increases while also benefiting from substantial redevelopment potential. This prominent Townsite corner location has high visual exposure on the south-west corner of Marine (Hwy 101) and Ash Ave. and is in close proximity to the recently announced large scale and multi-faceted tisk'wat mill redevelopment. The C1 zoning allows for a wide variety of commercial and mixed uses, including ancillary residential. Superb potential for redevelopment to 2 or 3 stories with ocean and mill views from interior and exterior designed spaces. The existing post, beam and glass canopy over the deck was added in 2021 by the vendor. Excellent opportunity to own a commercial investment property with a substantial upside at this relatively low price point. Call the listing agent for more info. (id:44393)
| Business Type | Retail and Wholesale |
| Business Sub Type | Food store |
| MLS® Number | 19430 |
| Property Type | Business |
| Amenities Near By | Shopping |
| Features | Level Lot, Corner Site, Sloping, Visual Exposure, Signs Allowed |
| Amenities | Shopping Area, Storefront |
| Constructed Date | 1999 |
| Size Interior | 672 Ft2 |
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Shopping |
| Size Irregular | 7441 |
| Size Total | 7441 Sqft |
| Size Total Text | 7441 Sqft |
| Sewer | Available |
https://www.realtor.ca/real-estate/29010261/5830-ash-ave-powell-river
Contact us for more information
Nick Bodie
Personal Real Estate Corporation
(604) 485-4231
(604) 485-4230
www.royallepagepowellriver.ca/
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