
Multi-Family For Sale
$950,000
MLS® Number: 1037747
Land Size
18,295
Year Built
1964
Multi-Family For Sale
$950,000
Land Size
18,295
Year Built
1964
1111 Marine Dr, Port Alice, British Columbia
About This Property
Fully rented and versatile multiple family building in the Village Of Port Alice on the West Coast of Vancouver Island. The building is currently occupied by quality commercial / professional tenants. The building has 7 two bedroom 1 bathroom units plus a large laundry / storage area that could be converted into an 8th unit if desired. All units are fully furnished in the last few years and each unit is individually metered - potential to stratify. The building is conveniently located across the road from the ocean. The park land immediately across the road currently has a kayak dock / facility being developed to service growing tourism needs in the area. Next to this site is a private yacht club as well as a municipal marina and boat launch and mini mall with grocery store and liquor store. With the location across from the marina facilities the current owners original plans when purchasing the building were to cater to the fisherman / tourists, offering eco tours. Port Alice is one of the most scenic communities on the West Coast of Vancouver Island with full service & paved roads. The community was recently named, ''The Sea Otter Capital of Canada'' another strong driver of tourism to the Village. Although the units are currently rented some of the existing work projects will wind down, but further demand to carry on servicing professionals seeking furnished units. The owner regularly turns away bookings. However, a bigger growth area and focus by the Village is attracting tourists where you could cater to short term stays as more and more people visit the area for eco tourism (the local manager is excellent and interested to stay on) or perhaps some form of fishing club with fractional ownership. Available as a share sale. Contact agent for more details.
Property Details
Interior Details
Heating
Propane, Hot Water
Building & Exterior
Building Area Total
7276.0
Building Area Units
square feet
Number Of Units Total
7
Year Built
1964
Land & Location
City Region
Port Alice
Lot Features
Central location, See remarks, Other, Marine Oriented
Lot Size Area
18295.0 sqft
Lot Size Dimensions
18295
Parcel Number
001-865-676
Postal Code
V0N0C4
View
Mountain view, Ocean view
Listing & Financials
Association Name
Contact Listing Agent
Listing Office
RE/MAX AFFILIATES MARQUIS LTD.
Originating System Name
Vancouver Island Real Estate Board
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
8
Listed By
RE/MAX AFFILIATES MARQUIS LTD.
Mortgage Calculator
Estimated Monthly Payment
$4,667
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$4,667
Principal and interest only. Actual rates may vary.