4454 WILLINGDON AVE, Powell River, British Columbia, V8A 2M6

MLS® # 19442

Commercial For Sale In Powell River, British Columbia

$1,080,000

None Beds

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4454 WILLINGDON AVE, Powell River, British Columbia, V8A 2M6

$1,080,000

Property Information:

Location, Location, Location! Rare chance to own a unique, income-generating property in one of Powell River's most desirable waterfront locations. This investment 'package' features the Powell River Harbour Guest House, situated at the foot of town on Willingdon Avenue, directly overlooking Westview marina and ferry terminal, together with the popular Thaidal Zone restaurant (note: lease to operator, the business is not for sale). The Guest House incorporates 6 guest rooms and shared amenities, including a newer modern kitchen, dining area and lounge, with ocean views from several rooms and decks. There have been recent upgrades to the guest house, including spray foam insulation and a sprinkler system throughout. Roofs replaced in 2014 (guest house) and 2010 (restaurant). There are also some cosmetic improvements underway. This attractive investment opportunity offers a cap rate in excess of 8% from the stable revenue stream. Call listing agent with questions or to view. (id:27)

Building Features:

Style: Business
Amenities: Shopping Area, Storefront, Balconies

Property Features:

Property Type: Business
Amenities Nearby: Shopping, Public Transit
Built in: 1960
Features: Visual exposure, Tenant improvement
Lot Size: 6534.00 Square Feet
Utility Type: Sewer - Available
View Type: View

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Rating:

Notes:

Nick Bodie

Personal Real Estate Corporation Royal LePage Powell River *

Mobile:604.353.9468

View All of Nick's Listings

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Market Price Trends

All Properties

-2.69%

Price change (1 year)

45.02%

Price change (5 years)

Location of 4454 WILLINGDON AVE, Powell River, British Columbia, V8A 2M6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

31/100

Moderate-Low

ClimateCheck®

Current data

This property, 4454 WILLINGDON AVE , experiences 7 hot days per year at around 27.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 30.7 degrees Celsius.

Projected Avg. Temperature

Past

27.6℃

2050

30.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

15 storms expected in 2050

89/100

High

ClimateCheck®

Current data

This property, 4454 WILLINGDON AVE , experiences 13 significant 2-day storms per year, with about 489mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 566.1mm of precipitation per year.

Precipitation Per Storm

Past

489mm

2050

566.1mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 4454 WILLINGDON AVE, Powell River, British Columbia, V8A 2M6

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,153.00

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.03 %

High school certificate or equivalent

36.04 %

Apprenticeship trade certificate/diploma

9.98 %

College/non-university certificate

22.34 %

University certificate (below bachelor)

2.49 %

University Degree

13.11 %

Commuter

Travel To Work

By Car

80.15 %

By Public Transit

0.0 %

By Walking

14.23 %

By Bicycle

1.02 %

By Other Methods

4.6 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.9 %

Houses

69.1 %

Own Vs. Rent

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4454 WILLINGDON AVE, Powell River, British Columbia, V8A 2M6 $1,080,000 MLS® # 19442