I have listed a new property at 4454 WILLINGDON AVE in Powell River. See details here

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 projected cap rate of 9%+ from the stable revenue stream. Call listing agent with questions or to view. (id:2493)

I have listed a new property at 5830 ASH AVE in Powell River. See details here

INVESTMENT PROPERTY - PRIME CORNER LOT with freestanding commerical kitchen, leased to a food production, sales and catering business. This property offers rental income with the upside from rent increases while also benefiting from substantial redevelopment potential. This prominent Townsite corner location has high visual exposure on the south-west corner of Marine (Hwy 101) and Ash Ave. and is in close proximity to the recently announced large scale and multi-faceted tisk'wat mill redevelopment. The C1 zoning allows for a wide variety of commercial and mixed uses, including ancillary residential. Superb potential for redevelopment to 2 or 3 stories with ocean and mill views from interior and exterior designed spaces. The existing post, beam and glass canopy over the deck was added in 2021 by the vendor. Excellent opportunity to own a commercial investment property with a substantial upside at this relatively low price point. Call the listing agent for more info. (id:2493)