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Main Photo: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
Photo 1: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
Photo 2: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
Photo 3: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
Photo 4: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C8063271
Bus Major:
Food & Beverage
Bus Minor:
FB - Caterer
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.
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Caterer
Name of Complex/Subdivision:
# Other Units:
# Storeys:
1.0
Year built:
1999 (Age: 25)
Total Floor Area:
480 sq. ft.
Lot Area:
7,441 sq. ft.
Land Use/Zoning:
C1
Cooler(s), Emergency Lighting, Floor Drain(s)/Grease Trap(s), Freezer(s), Secured Building, Storefront
Roof:
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
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  • Photo 2: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
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  • Photo 3: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
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  • Photo 4: 5830 ASH Avenue in No City Value: Out of Town Commercial for sale : MLS®# C8063271
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Listed by Royal Lepage Powel River
Data was last updated October 6, 2024 at 09:10 AM (UTC)
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