INVESTMENT PROPERTY - PRIME CORNER LOT with freestanding commercial kitchen, leased to a successful food production, sales and catering business. This property offers rental income to help cover your mortgage with upside for rent escalation and/or redevelopment. This excellent Townsite location comprises a large corner lot with exceptional visual exposure at the south-west corner of Marine (Hwy 101) and Ash Ave. C1 Zoning allows for a wide variety of commercial and mixed uses, including ancillary residential. Superb potential for redevelopment of 2 or 3 stories, with ocean views. The existing post, beam and glass canopy over the deck was added in 2021 by the vendor. Its not often you find a commercial investment property with substantial upside at this price point. Call listing agent for more info and to arrange a site visit. (id:15472)
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).
