7408 Highway 101 - Retail FOR SALE


Powell River, BC V8A 0R1
$5,500,000 CAD
604-671-0445
7408 Highway 101, Powell River, BC for Sale
$5,500,000 CAD
Retail - FOR SALE
1/7
null | 7.42% Cap Rate

7408 Highway 101
Powell River, BC V8A 0R1


HIGHLIGHTS

  • Anchored by strong national tenants: Canco, Superior Propane, and Parkland/Columbia.
  • Additional revenue potential from auto service bay and open yard storage.
  • 4.46-acre site with excellent highway visibility and access.
  • Located in a growing community with future development momentum.

OVERVIEW

Colliers is pleased to offer for sale an established and well-located property that has primarily been developed as a multi-tenant facility offering: Retail gas bar (Canco) Propane sales (Superior Propane) Card lock fuel sales (Parkland/Columbia). In addition to these three tenanted operations, the property also includes: 72 individual storage units in 4 separate buildings, and Single-family home with 2 suites. Both the storage units and the home are owned and operated by the current Vendor.

FOR SALE DETAILS

PRICE

$5,500,000 CAD

PRICE/SF

$435 CAD /SF

CAP RATE

7.42%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.46 AC

LAND SF

194,278 SF

ZONING

CR/LI

APN/PARCEL ID

010-021-230

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.