4454 Willingdon Av - Retail FOR SALE


Powell River, BC V8A 2M6
$1,080,000 CAD
604-353-9468
4454 Willingdon Av, Powell River, BC for Sale
$1,080,000 CAD
Retail - FOR SALE
1/8
null | 7.8% Cap Rate

4454 Willingdon Av
Powell River, BC V8A 2M6


HIGHLIGHTS

  • Located in a high-visibility waterfront area overlooking Westview marina and ferry terminal.
  • Includes a six-room guest house with shared kitchen, dining, and lounge areas.
  • Features a leased restaurant space, providing additional income stability.
  • Recent upgrades include spray foam insulation and a full sprinkler system throughout.
  • Roof replacements completed in 2014 (guest house) and 2010 (restaurant).

OVERVIEW

This rare investment opportunity offers a fully operational, income-generating property in one of Powell River’s most desirable waterfront locations. The property includes the Powell River Harbour Guest House and a leased restaurant space, situated directly across from the Westview marina and ferry terminal. The guest house features six rooms with shared amenities, including a modern kitchen, dining area, and lounge, complemented by ocean views from multiple rooms and decks. Recent upgrades include spray foam insulation and a full sprinkler system, while roof replacements were completed in 2014 for the guest house and 2010 for the restaurant. The property benefits from a stable revenue stream, producing a cap rate exceeding 8%, making it an attractive option for investors seeking consistent returns. Its location at the foot of town ensures strong visibility and accessibility, with nearby shopping, public transit, and waterfront attractions enhancing its appeal. This offering combines hospitality and food service components under one title, providing diversified income potential in a growing coastal community.

FOR SALE DETAILS

PRICE

$1,080,000 CAD

PRICE/SF

$171 CAD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MX

APN/PARCEL ID

010607137

ASK ABOUT THIS PROPERTY

Nick BodiePhoenix Commercial RealtyMore Info
604-353-9468

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Nick BodiePhoenix Commercial RealtyMore Info
604-353-9468

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