Retail for sale

8163 100 Avenue, Fort St. John - City SE, Fort St. John

$1,950,000 or
$1,950,000 or

Retail for sale

8163 100 Avenue, Fort St. John - City SE, Fort St. John

Features

Lifestyle
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Year Built
1980
Floor Area
4,272 sqft
Lot Size
25,879 sqft
Gross Property Tax
$13,395.15 /year
Building Type
Street-Level Storefront
Zoning
C-3

Description

HIGH-YIELD (7.69% cap rate) & REAL ESTATE INCLUDES LIQUOR PRIMARY LICENSE! Avison Young is pleased to market for sale 8163 100 Avenue, Fort St. John, BC (the "Property"), a high-yield retail restaurant and pub asset situated on a 25,879 sq ft lot. Property features a 4,272 sq. ft. pub-style restaurant constructed of wood, along with an additional 990 sf of basement space. Parking area offers ample spots for customers and has been fully leveled and paved with asphalt. Currently, the Property is leased to a well-established neighbourhood pub that has been serving the community since the 1980's, with four years remaining on their current lease. The tenant has meticulously maintained the Property, which serves as a popular local venue for sports events, live music, and game nights. This offering represents a prime opportunity for investors to acquire a high-yield retail property located on a main thoroughfare in Fort St. John, with potential for long-term income growth and future development potential.
MLS® Number C8064342

Listing REALTOR®

Bijan Lalji, REALTOR<sup>®</sup>

Bijan Lalji

REALTOR®

Avison Young Commercial Real Estate Services, LP

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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