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Storage Business In Parksville

Parksville, BC, CAN
Updated 176 days ago

Land and buildings with Mini-storage and warehouse.

Location

856 Allsbrook Rd Parksville BC

Real Estate

Real Property Included

Management Type

This business is owner operated.

Premises Details

2 Acres of Commercial property zoned for A-1.17 and C-3, allowing for a variety of uses. Currently occupied by Arrowsmith Moving & Storage Ltd. This unique property has a 17,954 sq. ft. building consisting of a large warehouse with attached offices. There is a separate building consisting of mini storage facilities. This spacious lot allows for ample room to grow. The location on the edge of Parksville would be very attractive to any investor wanting to take advantage of the growing population within walking distance to this property. The current owner is willing to move or stay, offering favourable lease terms and a cap rate of 5.5% to the new owner.

Expansion Potential

There are additional development opportunities available. A drawing can be provided upon request.

Size In Square Feet

2 Acres with 17,954 sq ft of Buildings

Financials

Asking Price
$3.5M
RevenueMost Recent Year
$192K
Earnings (SDE)Last Reported
$192K
Assets Value
Undisclosed
Seller Financing
Not available

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