Waterfront - Seller Financing
Address
5170 Argyle St Port Alberni, BC
Price
$ 1,500,000
Property Attributes
  • MLS#866196
  • TypeCommercial
  • CityPort Alberni
  • AreaPort Alberni
  • NeighbourhoodPA Port Alberni
  • Postal CodeV9Y 1V2
  • StyleMixed Use
  • Taxes$ 12257
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24750
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Macdonald Realty (Pkvl)
Data Source:
Canada - Vancouver Island Real Estate Board (VIREB) - 445 - CAN
Property Description

INVESTMENT OPPORTUNITY - Excellent income and return. Fully leased pub and restaurant, plus 28 monthly room rentals. The pub has been completely renovated, including new flooring, new bar and marble counter tops. The exterior was recently painted, has some upgraded windows and newer roof; sprinkler system recently installed & upgraded to meet all fire codes. The totally renovated restaurant has a full kitchen with walk-in cooler. Both the pub and the restaurant have terrific leases in place. The rental units have recently been upgraded; most have their own bathrooms - see rent roll. Some TLC may be required, but is generally in good condition. Located in the heart of Old Town Port Alberni tourist area, just two blocks from waterfront development.

General Features

Business Name Port Pub
Business Type Restaurant/Bar
Commercial Area Core (excl Downtown)
Commercial Listing Type Building, Land
Construction Materials Frame Wood
Cooling None
Flooring Concrete, Mixed
Heating Baseboard
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Sewer Connected
Zoning CMX2

Interior Features

Total Units 28

Exterior Features

Building Area Total 24750.00
Building Features Fire Sprinklers, Loading Bay(s), Shopping Nearby, Transit Nearby
Exterior Features Sign: Allowed
Foundation Poured Concrete, Slab
Lot Size Acres 0.19
Lot Size Square Feet 8250.00
Water Source Municipal

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9Y 1V2

Price
AVG $1.1M
$1.5M
Taxes
AVG $8,797
$12,257
Visits
AVG 132
263
Walkscore
AVG 53
53
Data Provided by Walkscore ® not using MLS data