10860 Chemainus Road, SALTAIR, V9G 2A4

Commercial - Building and Land For Sale

$1,750,000


Beds
Baths
Sqft
Built
MLS® #: 452976
Active

15 mobile home pads, one (rentable) single - family dwelling, and a 4,300 sqft (approx.) commercial building (leased to the Saltair Food Market). The property is producing an cap rate over 6% with opportunity to increase revenue. There is on site management willing to stay. The MHP is plus 55 and the units are all owned by the tenants. The Saltair Food Market (formerly Byron's Market) has serviced the community for decades, the present operators lease the building and are solid tenants who are willing to extend the lease. Income has increased yearly and the occupancy is typically at 100%. Present owners have recently made several up grades to the services and facilities on the property. Do not disturb tenants. All inquiries through listing agent.

Essential Information

MLS® #: 452976
Price: $1,750,000
Type: Commercial
Sub-Type: Building and Land
Status: Active

Community Information

Address: 10860 Chemainus Road
City: SALTAIR
Province: BC
Postal Code: V9G 2A4

Listing Details

Listing Office: RE/MAX of Duncan (MilBy)

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