My Listings

5517 WHARF Avenue
Sechelt District Sechelt V0N 3A2

$2,249,000
Multi-Family Commercial, Retail

Main Photo: 5517 WHARF Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8033427
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8033427
Build. Type:
Mixed Use
Pride of Ownership shows in this well maintained, tastefully updated, downtown Sechelt investment property. The building consists of two retail spaces and four, one bedroom apartments. Centrally located on Wharf Avenue, part of the Sunshine Coast Highway, 5517 Wharf Avenue is walking distance to everything downtown. All four apartments have been modernized and separately metered with individual hot water tanks. Three of the four apartments have private balconies and two have dishwashers. Coin operated laundry is on site. Both commercial tenants are long-term in multi-year leases. This turn-key property would make a great addition to any investment portfolio.
Sale Type:
Asset
Property Type:
Multi-Family Commercial, Retail
Construction:
Wood Frame
Building Type:
Mixed Use
# Units:
6
Year built:
1956 (Age: 64)
Total Floor Area:
5,678 sq. ft.
Retail Size:
3,178 sq. ft.
Other Size:
2,500 sq. ft.
Land Use/Zoning:
C-2
Taxes:
$15,421.13 / 2020
HVAC:
Electric
Env Assmt Phase:
None
Cap Rate %:
4.6
Gross Income:
$139,050
Oper. Expenses:
$35,000
Net Operating Income:
$104,500
Original Price:
$2,249,000
  • Photo 1: 5517 WHARF Avenue in Sechelt: Sechelt District Multi-Family Commercial for sale (Sunshine Coast)  : MLS®# C8033427
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Data was last updated August 3, 2020 at 02:10 PM (UTC)
Joe James
Cell: 604-865-0708
Office: 604-885-3460
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