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9939 HIGHWAY 101
Powell River British Columbia V8A0K1 Canada

$2,500,000

Active Listing ID 18491
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Business

$2,500,000

Active Listing ID 18491
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9939 HIGHWAY 101 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! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Business
  • Additional Features
  • Basement
Listing Changed: 5/2/2025 7:20:41 PM GMT
Source Updated Date: 5/9/2025 11:05:35 PM GMT

Courtesy of: Gemma Lee, , Sutton Group-West Coast Realty (Langley)