Real Estate Investment:  Mixed Commercial Building in Port Alberni - 3575 3RD AVE

About This Property                               

Mixed commercial opportunity with excellent exposure on the 3rd avenue strip. Residential unit located upstairs with commercial storefront on the lower. Brightly lit interior and plenty of window space make this location a good fit for your new business. Zoned C-3 service commercial which makes it a good for established business or starting something new to the Valley. All measurements are approximate and must be verified if important. 

Fully occupied Turn-Key Investment. 

Features

  • 5,500 SQFT
  • 2 x Bachelor
  • 6 x 2 Bed
  • 2 x Commercial Units

Asking Price: $625,000

Initial Cash Required: $227,500

Monthly Cash Flow: $1,899

Annual ROI: 25%

Profit after 10 Years: $583,000

   

 

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