Harry Zroback Powell River Real Estate

9939 Highway 101, Powell River Real Estate, Homes for Sale

 homes for sale - 9939 Highway 101, Powell River |  Powell River

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:25560)

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$2,648,000

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  • MLS® #:18491
  • Bedrooms: 0
  • Bathrooms: 0
  • Property Brokerage
    Royal Pacific Tri-cities Realty

Building

More Information

Harry Zroback
RE/MAX Powell River
4545 Marine Avenue, Powell River
British Columbia, Canada V8A 2K5
"Each office independently owned & operated"
DIRECT 604-483-8333

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Powell River REALTOR ® Harry Zroback, RE/MAX Powell River, "Each office independently owned & operated"

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