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4603 Marine Av 11,863 SF 100% Leased Retail Building Powell River, BC V8A 2K7 $3,990,000 CAD ($336.34 CAD/SF)
Executive Summary
This offering presents the opportunity to acquire a centrally located multi-building commercial investment property in downtown Powell River. The property is improved with a multi-tenant commercial and residential building containing approximately 8,708 square feet of rentable commercial area and approximately 3,155 square feet of basement residential rental area. The commercial component is occupied by an established and diversified tenant mix including a full-service bike shop, restaurant and tap house, hair salon, marine services business, and custom embroidery and promotional products company.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
11,863 SF
Building Class
C
Year Built
1950
Price
$3,990,000 CAD
Price Per SF
$336.34 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.69
Lot Size
0.40 AC
Zoning
MX - Mixed-Use Commercial/Residential
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 11
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4603 Marine Av
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