Powell River, BC V8A 4R4,5830 Ash Ave
Powell River, BC V8A 4R4,5830 Ash Ave
Powell River, BC V8A 4R4,5830 Ash Ave
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$ 355,000
Est. payment | /mo

7,405 Sqft Lot


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$ 355,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 977296

Rental Info Unrestricted

Annual Tax Amount $4,777

Tax Year 2021

Lot Size 7,405 Sqft

Acres 0.17

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

County Out Of Board

Area Other Boards

Zoning C1

Interior

Heating Baseboard, Electric

Flooring Linoleum

Inclusions Electric, Equip/Machinery, Fixtures, Gas, Goodwill, Inventory, Parking, Real Estate, Trade Name(s)

Equipment Propane Tank

Exterior

Exterior Feature Balcony/Deck, Display Window, Fenced, Security System

Parking On Site 1

Utilities Available Electricity To Lot, Underground Utilities

View Y/N Yes

View City, Ocean

Total Parking Spaces 8

Building

Lot Description Corner, Easy Access, Irregular Lot, Landscaped, Level, Serviced, Shopping Nearby, Sidewalk

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Block,Concrete,Frame Wood,Insulation All

Others

Tax ID 010-862-447

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

Listed by ROYAL LEPAGE POWELL RIVER
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301-3450 Uptown Blvd, Victoria, BC, V8Z,Canada

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5830 Ash Ave