Current Listings

1534 JOAN Avenue
Out of Town No City Value V0R 1R0

$3,100,000
Business with Property, Retail

Main Photo: 1534 JOAN Avenue in No City Value: Out of Town Business with Property for sale : MLS®# C8045796
Photo 1: 1534 JOAN Avenue in No City Value: Out of Town Business with Property for sale : MLS®# C8045796
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Status:
Active
Prop. Type:
Business with Property, Retail
MLS® Num:
C8045796
Bus Major:
Food & Beverage
Bus Minor:
FB - Pub
Build. Type:
Low Rise (2-4 stories)
CROFTON BC - The Crofton Hotel / Osborne Bay Pub & Liquor Store consists on 3 lots and is located in the growing town of Crofton BC which is next to the ferry that goes to Salt Spring Island and 45 mins from Nanaimo. Maple Bay Liquor store closed a few months ago and since then the Osborne Bay Liquor Store has been booming. One block from the water and marina, the property has wonderful water views and is directly across from a new condo development. Busy all year around but with higher traffic during the summer months since the area is a very popular tourist destination. Osborne Pub is known for its great food, fabulous service and amazing entertainment. The Hotel consists of 6 units but is currently not rented out due to Covid. These could be rented for approximately $800 to $1000 per month. An excellent opportunity or a great holding property for future development.
Sale Type:
Asset
Business Name:
CROFTON HOTEL & LIQUOR STORE
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Pub
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Mixed Use, Commercial Mix
# Units:
6
# of Appartments:
6
Year built:
1957 (Age: 65)
Total Floor Area:
5,404 sq. ft.
Lot Area:
15,000 sq. ft.
Lot Depth:
100
Lot Frontage:
150'
Land Use/Zoning:
COMM
Permitted Use:
Mixed Use, Retail
Taxes:
$18,486.8 / 2022
Storage, Washrooms Female/Male
Services Connected:
Cable, Electricity, Garbage Collection, Paved Streets, Telephone
Water Supply:
Municipal
Roof:
Asphalt Shingles
Sewer Septic:
Municipal/Community
Potential to Redevelop:
No
Env Assmt Phase:
Not Applicable
Original Price:
$3,100,000
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Listed by 1 (604) 263.1911
Data was last updated November 29, 2022 at 03:05 AM (UTC)
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