FOR SALE > INVESTMENT OPPORTUNITY
Industrial Land and Building 4747 TEBO AVENUE, PORT ALBERNI, BC
d e uc te d e Ra R e ap c i Pr % C 7.8
Pacific Rim Shopping Centre
Alberni Mall
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FIRST LASTNAME 604 681 4111
[email protected] FIRST LASTNAME 604 681 4111
[email protected] COLLIERS INTERNATIONAL 200 Granville Street, 19th Floor Vancouver, BC V6C 2R6 604 681 4111 www.collierscanada.com
FOR SALE > INVESTMENT OPPORTUNITY
Industrial Land and Building OPPORTUNITY
To acquire a 6,127 SF industrial building currently tenanted until April 30th, 2021. Income provides for a cap rate on the asking price of approximately 7.8%. The current tenant is a solid covenant. Acquisition of the building as vacant (owner occupier) may be considered.
LOCATION
Located just off the Pacific Rim Highway, Port Alberni’s main arterial, the subject property is within an industrial enclave and is in close proximity to the city’s main commercial core, providing easy access to the Alberni and West Coast markets.
SITE AREA
The parcel comprises ±0.83 acres or 36,155 SF of land. The property is rectangular in shape and is bordered by adjacent industrial properties. It features approximately 99 feet of frontage directly onto Tebo Avenue and a depth of approximately 120 feet. It is cleared, predominantly leveled, and is serviced with power, water, and sewer. Gas service is near the lot line. The loading and drive aisles are paved.
LEGAL DESCRIPTION
Lot A, District Lot 137, Alberni District, Plan VIP61052 PID: 023-041-943
IMPROVEMENTS
The subject property is improved with a single level building comprising approximately 6,127 SF of metal clad building originally constructed about 1996 with an addition constructed in 2006. The building includes over 5,000 SF of industrial bay area, and approx. 968 SF of office and staff area. The building features 6 dock loading bays (3 with leveller), and one grade loading bay.
ZONING
M1 - Light Industry. This zoning permits a wide range of uses including but not limited to: automotive and boat sales, repair and service; building supply, contractor’s shop, storage and warehousing, food and beverage processing, furniture and fixture manufacturing, glass shop, machinery and equipment sales, service, and repair, light manufacturing, health and fitness centre, machine shop, recycling depot, storage yard, transportation dispatch and depot, wholesale, works yard, and many more.
TAXES (2015) $13,868.94
LIST PRICE Nine Hundred and Ninety Eight Thousand Dollars
CONTACT US Brad Bailey +1 250 740 1060 Ext. 1
[email protected] Brad Archibald +1 250 740 1060 Ext. 3
[email protected] Jason Winton +1 250 740 1060 Ext. 2
[email protected] ($998,000.00) $925,000.00 $859,000.00 This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).
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