5830 ASH AVENUE Active

No City Value,BC V8A 4R4

$ 355000

- Bed

- Bath

480 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 480 sqft

Price per Sqft $739

Subdivision Out Of Town

MLS Listing ID C8063271

Year Built 1999

Annual Tax Amount $4,777

Tax Year 2021

Property Description

INVESTMENT PROPERTY - PRIME CORNER LOT with freestanding commercial kitchen, leased to a successful food production, sales and catering business. This property offers rental income to help cover your mortgage with upside for rent escalation and/or redevelopment. This excellent Townsite location comprises a large corner lot with exceptional visual exposure at the south-west corner of Marine (Hwy 101) and Ash Ave. C1 Zoning allows for a wide variety of commercial and mixed uses, including ancillary residential. Superb potential for redevelopment of 2 or 3 stories, with ocean views. The existing post, beam and glass canopy over the deck was added in 2021 by the vendor. Its not often you find a commercial investment property with substantial upside at this price point. Call listing agent for more info and to arrange a site visit.

Location

Province BC

Community Out Of Town

Area Out Of Town

Building/Complex Name 2

Zoning British Columbia Default Zone

Exterior

Roof Type Asphalt Shingles

Building

Dwelling Type Business with Property

Story 1

Water Municipal

Structure Type Concrete Block,Wood Frame,Post & Beam

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