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28,900 ft²
Retail
$9,280,000
Sale


Curtis Leonhardt
Curtis Leonhardt
Form Real Estate Advisors

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PRICE REDUCED Grocery and liquor anchored investment opportunity at the confluence of major Highways 3,5,7 and Highway 1 which connects British Columbia east to west and north to south. Secure and stable income with Save-On-Foods and Chevron accounting for 82% of the base rental revenue. Undeveloped vacant land offers the ability for additional retail development and can accomodate a drive-thru. C-3 zoning allows for business offices, financial institutions, liquor primary, medical, restaurant and retail stores.


The Space
Asking Price$9,280,000
Available Space28,900 ft²
Net Operating Income$423133
Property UseInvestment property

The Building - 559, 559 A, 575 & 583 Old Hope Princeton Way, Hope, BC

Located near the confluence of four major highways, Highway 1, 3, 5 & 7 and is well positioned to service the daily and seasonal commuter traffic, as well as the surrounding communities.

Property TypeRetail
Building Size28,900 ft²
Lot Size110,405 ft²
ZoningC-3
Cap Rate4.56%
Year Built2002
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Curtis Leonhardt
Curtis Leonhardt
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