CABCPowell River4454 Willingdon Ave
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4454 Willingdon Ave, Powell River, BC

Real Estate

For Sale

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000

MLS® 19442

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Business Opportunity
Size -
Garage No
Maintenance Fees 
Taxes $13,635
Days Active 57
Approx. Age 1960
MLS® Number 19442

Property Address: 4454 Willingdon Ave, Powell River, BC, V8A2M6

Average square foot calculated using Size range provided by listing agent.

Description

Location, Location, Location! Rare chance to own a unique, income-generating property in one of Powell River's most desirable waterfront locations. This investment 'package' features the Powell River Harbour Guest House, situated at the foot of town on Willingdon Avenue, directly overlooking Westview marina and ferry terminal, together with the popular Thaidal Zone restaurant (note: lease to operator, the business is not for sale). The Guest House incorporates 6 guest rooms and shared amenities, including a newer modern kitchen, dining area and lounge, with ocean views from several rooms and decks. There have been recent upgrades to the guest house, including spray foam insulation and a sprinkler system throughout. Roofs replaced in 2014 (guest house) and 2010 (restaurant). There are also some cosmetic improvements underway. This attractive investment opportunity offers a cap rate in excess of 8% from the stable revenue stream. Call listing agent with questions or to view. (id:58753)Show Description
MLS® Number19442
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

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Starting Address
Destination Address
4454 Willingdon Ave, Powell River, BC

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