321 Fernwood Rd - Retail FOR SALE


Salt Spring Island, BC V8K 1C3
$2,195,000 CAD
604-671-0445

NO PHOTO

$2,195,000 CAD
Retail - FOR SALE
null | Request Cap Rate

321 Fernwood Rd
Salt Spring Island, BC V8K 1C3


HIGHLIGHTS

  • Renovated commercial building featuring a versatile 3-bedroom owner/operator suite that can also serve as a rental unit.
  • Prime Fernwood location just steps from the dock, situated in one of Salt Spring Island's most sought-after neighborhoods.
  • Well-established hospitality venue with a history as the popular Off the Hook restaurant.
  • Turnkey opportunity for a food and beverage operator, with flexibility to accommodate a hybrid food, beverage, and retail concept.

OVERVIEW

Excellent opportunity to acquire one of the few commercial properties in the Fernwood area of Salt Spring. This surprisingly busy corner includes the Flora Care and is steps away from Fernwood Dock and only 10 minutes to Ganges. Currently operating as the highly popular ‘Off the Hook’ restaurant, this 1/3-acre property boasts stunning ocean views and is improved with an approximate 3,400 sq.ft building with a licensed restaurant and 3-bed suite above, perfect for staff or an owner/operator.

FOR SALE DETAILS

PRICE

$2,195,000 CAD

PRICE/SF

$658 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

004645472

ASK ABOUT THIS PROPERTY

Alan JohnsonColliersMore Info
604-671-0445

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Alan JohnsonColliersMore Info
604-671-0445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.