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7408 Highway 101
Powell River, BC V8A 0R1
Retail Property For Sale
Investment Highlights
- Anchored by strong national tenants: Canco, Superior Propane, and Parkland/Columbia.
- 4.46-acre site with excellent highway visibility and access.
- Additional revenue potential from auto service bay and open yard storage.
- Located in a growing community with future development momentum.
Executive Summary
Colliers is pleased to offer for sale an established and well-located property that has primarily been developed as a multi-tenant facility offering:
Retail gas bar (Canco)
Propane sales (Superior Propane)
Card lock fuel sales (Parkland/Columbia).
In addition to these three tenanted operations, the property also includes:
72 individual storage units in 4 separate buildings, and
Single-family home with 2 suites.
Both the storage units and the home are owned and operated by the current Vendor.
Retail gas bar (Canco)
Propane sales (Superior Propane)
Card lock fuel sales (Parkland/Columbia).
In addition to these three tenanted operations, the property also includes:
72 individual storage units in 4 separate buildings, and
Single-family home with 2 suites.
Both the storage units and the home are owned and operated by the current Vendor.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
12,650 SF
Building Class
C
Year Built
1970
Price
$4,177,170 USD
Price Per SF
$330.21 USD
Cap Rate
7.97%
NOI
$332,830 USD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
4.46 AC
Zoning
CR/LI - Mixed Commercial/Light Industrial
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