Business for sale

4963 Angus St, Port Alberni

$2,499,800 or
$2,499,800 or

Business for sale

4963 Angus St, Port Alberni

Features

Lifestyle
943950 2499800 /en/business~for-sale~port-alberni/943950?view=Summary /en/business~for-sale~port-alberni/943950/photos 49.2335200000 -124.8062900000 true
Lot Size
29,281 sqft
Gross Property Tax
$12,397 /year
Major Business Type
Accommodation, Other

Description

VTB (FIRST MORTGAGE ONLY) of up to 70% of accepted offer price, 3 year term at 5% interest only, possible for a qualified Buyer, approved and provided at the sole discretion of the Seller. Multi Family revenue property that is exceptionally well located near ocean and amenities. Calling all investors and aspiring investors: PRESENTING AN opportunity to own a multifamily/Commercial property in the core of downtown. The vacancy rate is minimal in this high demand rental market. 21 units rented for $600 each makes for a heafty income not to mention there is a convention centre, restaurant, Bar, office space and lots of parking the potential on this building is endless. Some TLC from the right owner can turn this opportunity into a money-making-machine. Development Permit for additional 2 stories of residence was approved but has lapsed. Seller is motivated and open to partnership and financing options. Buyer to verify measurements if fundamental to the purchase. Also under 943949
MLS® Number 943950

Listing REALTOR®

Nita Sihota, REALTOR<sup>®</sup>

Nita Sihota

REALTOR®

Sutton Group-West Coast Realty (Nan)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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