7
$849,000 Sale
Listed 44 days ago
5119 Athol St
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· 5677
Key Facts
Key facts for 5119 Athol St
Property Type
Commercial
Parking
On Site
MLS #
1050303
Size
5677 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
CBRE presents the opportunity to acquire 5119 Athol Street, an extensively improved, ultra-secure commercial/industrial facility offering approximately 5,700 SF over three levels in central Port Alberni. The property is configured for product processing, packaging, production, servicing, sales, secu...re storage and warehousing, with specialized improvements throughout. Currently occupied by the vendor, the property is being offered primarily as an investment opportunity, with the purchaser able to negotiate a new triple-net lease with the vendor and potentially achieve an attractive approximately 6.7% cap rate. Located near Port Alberni’s waterfront, Harbour Quay, downtown amenities and major transportation routes. Vacant possession for an owner-user or alternative leasing arrangements may also be considered, providing flexibility for investors and businesses alike.
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Listing courtesy of: CBRE Limited

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