9939 HIGHWAY 101

9939 HIGHWAY 101 Powell River

$2,500,000
City:
Powell River
Prop. Type:
Business
MLS® Num:
N/A
Status:
N/A
Bedrooms:
0
Bathrooms:
0
Year Built:
0
This mixed-use property offers strong cash flow and future development potential. It includes two sections: Section A features a commercial building leased to a grocery and liquor store, generating reliable income under a 18-year NNN lease. The tenant covers property taxes, insurance, and maintenance, ensuring minimal landlord involvement. Section B is a vacant lot with significant development potential, offering flexibility for future commercial or retail projects. With a projected rental profit of $ 1.8 million over the next 18 years and 2% annual rent increases, this property is a solid investment. Whether seeking consistent returns or long-term growth, this opportunity in the vibrant Powell River market is not to be missed. A solid investment opportunity with minimal landlord involvement. Invest today in this prime location with a stable lease and exciting future possibilities!
Property Type:
Business
Total Floor Area:
N/A
Home Style:
N/A
Total Bedrooms:
0
Total Rooms:
N/A
Depth:
N/A
Total Baths:
0
Year Built:
0 (Age:2025 )
Frontage:
N/A
Construction:
N/A
Roof:
N/A
Parking:
N/A
Heating:
N/A
Heating fuel:
N/A
Water supply:
N/A
Fireplace fuel:
N/A
Fireplace Details:
N/A
Title to Land:
N/A
Sewer:
N/A
Thumbnail 0
Amit Bindra