$2,499,800 FOR SALE

Commercial/Retail

4963 Angus St
Port Alberni, BC V9Y 7Z4

VTB (FIRST MORTGAGE ONLY) of up to 70% of accepted offer price, 3 year term at 5% interest only, possible for a qualified Buyer, approved and provided at the sole discretion of the Seller. Multi Family revenue property that is exceptionally well located near ocean and amenities. Calling all investors and aspiring investors: PRESENTING AN opportunity to own a multifamily/Commercial property in the core of downtown. The vacancy rate is minimal in this high demand rental market. 21 units rented for $600 each makes for a heafty income not to mention there is a convention centre, restaurant, Bar, office space and lots of parking the potential on this building is endless. Some TLC from the right owner can turn this opportunity into a money-making-machine. Development Permit for additional 2 stories of residence was approved but has lapsed. Seller is motivated and open to partnership and financing options. Buyer to verify measurements if fundamental to the purchase Also under 943950 (id:47423)

Share

Listed By Sutton Group-West Coast Realty (Nan)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 943949
Last Updated Sep 26, 2023
Property Summary
Property Type Commercial/Retail

More like this:
Use Accommodation
Neighbourhood Port Alberni
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Listing Contract Date 2023-09-18
Municipal ID 000-167-851
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Views City view, Mountain view, Ocean view, Valley view
Zoning Unknown
Business
Business Type Accommodation, Other
Business Subtype Other
Building
Size (Exterior) 0 square feet
Type Commercial Mix
Land
Total Size 0.67 acres
Size of Irregular Land 0.67

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.