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Commercial Space For Sale in Masset, BC

1630 Orr Street

Price
$250,000
Michael McQuade

250-626-7873

Questions? Want to book a showing?

Three (3) unit Commercial Freehold

FSBO ID: 415257

Commercial Space For Sale - 1630 Orr Street, Masset, BC
0
Bedrooms
0.5
Bathrooms
1,400
Square Feet
4,026 sq ft
Lot Size
1 Storey
Built in
1977
$1,760
Annual Taxes
Wheelchair
Accessible
Guest
Suite

Description

Imagine that an incredible mural of Gaagiid greets you at your own commercial/residential property on Haida Gwaii. 1630 Orr Street, has 3 independent rental units with separate locked entrances. Two matching 400 sq. ft spaces, as well as a larger 700 sq. ft. showroom. The units are currently rented with waiting lists.

This turn key investment property is immediately profitable. Major renovations completed, all units have long term reliable renters. You are making money the minute you purchase. Owner is retiring and passing the torch on.

With a new 200 amp service, this is equipped for industrial setting. Given the C1 municipal rating it can be updated to include a residential unit. The need for short and long term housing and commercial spaces makes this a highly desirable property that can be developed into a dream business, a short term rental, a long term residential unit or better yet, all of the above!

Cinderblock construction gives the building a reinforced structure with very little maintenance. A wood stove can be put in the space for that ultimate wood heat warmth. The flat roof is also an attractive feature to build a second story for an amazing view of Masset Inlet.

The price is affordable for entry level home business buyers or those looking to invest in commercial real estate. Ideal for people with vision and skills to make this local treasure their own. A property in a world class community that will no doubt be rising in value in years already boasting a 11%+ cap rate.

Combine this with 1567 Delkatla Street (Listing # 514827) for a complete residential/commercial portfolio. Offers made with both properties have the strongest terms.

Full Investment Portfolio can be found at www.nbss.ca

Property Features

Property Type
Commercial Space / Home Business Potential / Land with Building(s) / Revenue Property
Ad Type
For Sale
Ownership
Freehold / Fee Simple
Parking
Street Parking / Visitor Parking
Asking Price
$250,000

Location

Address
1630 Orr Street
Neighbourhood
Unspecified
City
Masset
Province / State
British Columbia
Postal / ZIP
V0T1M0
Country
Canada

Bathroom Types

Bathroom 1
2pc Ensuite Bath

Extra Features

Guest Suite
Private Entrance

Links & Reference

FSBO ID: 415257
Website: Visit Website