Rick Turcotte

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10860 Chemainus Road in LADYSMITH: Z03 Saltair Business for sale (Zone 03 - Duncan) : MLS®# 411935

10860 Chemainus Road LADYSMITH V9G 2A4 : Z03 Saltair

Main Photo: 10860 Chemainus Road in LADYSMITH: Z03 Saltair Business for sale (Zone 03 - Duncan)  : MLS®# 411935
$1,639,000
Prop. Type:
Commercial
MLS® Num:
411935
Status:
Active
Build. Type:
Multi-Family
A Unique Mixed Commercial property, fully leased consisting of 15 rental pad sites, 4600 sq.ft.commercial concrete block building on major highway with high vehicular count as well as 1 Single Family Dwelling with Duplex potential. The property has significant NOI and 6.25% cap rate, with live in management included. The existing financing (3.99%) an be increased to 70% LTV. MHP is 55+ and has had no vacancies in the last 15 years. Potential owner occupancy of the commercial building is possible.
Property Type:
Commercial
Commercial Type:
Business
Type:
Business
Total Finished Rooms:
0
Total Unfinished Rooms:
0
Lot Size:
Switch units of measure2.53 acre(s)
Lot Details:
Irreg.
Title to Land:
Freehold
Building Type:
Multi-Family
Exterior Features:
Outdoor Lighting, Parking, Sign: Dir Brd, Sign: Pylon, Storage Shed
Onsite Parking:
Yes
Chemainus Road and Mount View Drive
Bus Service
Assessment year:
2019
Revenue Property (Y/N):
No
Data was last updated August 23, 2019 at 04:05 AM (UTC)
RICK TURCOTTE
NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.