$1,880,000
Approx. price as of Jun 2017
square_foot
11000 sqft
Retail
10153 Resthaven Dr
location_on Sidney, BC · V8L3G8 · MLS® #379337
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Property Description
A prime 11, 000 SF corner lot with future development potential and currently offering strong yields with solid cash-flows. Purchase Price includes a profitable grocery business and two restaurant tenants with stable and escalating lease agreements in place. There is flexibility for the investor to purchase as a turn-key, hands-off investment with a lease-back for the grocery business or have the option to assume the owner-operation. Development in Sidney is gradually spreading out from the downtown core along Resthaven Dr. OCP guidelines permit a mixed-used development with increased FSR and 4+ stories in this active area undergoing increased densification. Recent capital upgrades include a new roof and new exterior paint.
Property Overview & Features
Building Type
Retail
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