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$355,000
Est. payment /mo
480 SqFt
UPDATED:
09/27/2024 10:47 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 480 sqft
Price per Sqft $739
Subdivision Out Of Town
MLS Listing ID C8063271
Year Built 1999
Annual Tax Amount $4,777
Tax Year 2021
Property Description
INVESTMENT PROPERTY - PRIME CORNER LOT with freestanding commercial kitchen, leased to a successful food production, sales and catering business. This property offers rental income to help cover your mortgage with upside for rent escalation and/or redevelopment. This excellent Townsite location comprises a large corner lot with exceptional visual exposure at the south-west corner of Marine (Hwy 101) and Ash Ave. C1 Zoning allows for a wide variety of commercial and mixed uses, including ancillary residential. Superb potential for redevelopment of 2 or 3 stories, with ocean views. The existing post, beam and glass canopy over the deck was added in 2021 by the vendor. Its not often you find a commercial investment property with substantial upside at this price point. Call listing agent for more info and to arrange a site visit.
Location
State BC
Community Out Of Town
Area Out Of Town
Building/Complex Name 2
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Exterior
Roof Type Asphalt Shingles
Building
Dwelling Type Business with Property
Story 1
Water Municipal
Structure Type Concrete Block,Wood Frame,Post & Beam
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Listed by Royal Lepage Powel River