About This Property
Prime Live/Work or Revenue Opportunity on Marine Avenue! This well-kept, mixed use building provides an exceptional live/work opportunity or an excellent revenue property. The upper level boasts two charming residential suites, each featuring vaulted ceilings and a private balcony - perfect for enjoying incredible ocean views and observing the vibrant town below. The main level features two established retail spaces, currently providing two reliable rental incomes. With established rentals in place, this investment offers immediate cash flow. Situated on a large lot with 50' frontage and an impressive 196' depth, this property offers plenty of room for future expansion and development, particularly in the rear, which also boasts great views. Convenient rear parking and level access enhance the property's functionality for both residents and commercial tenants. This property offers more than just a building; it's a strategic investment in Powell River's bustling core. Call today! (id:64973)
At $171 per square foot, this mixed-use property on Marine Avenue is competitively priced compared to the Powell River market average of $192 per square foot. With two residential suites and two established retail spaces, this versatile offering presents an excellent live-work or investment opportunity for those seeking both a primary residence and reliable rental income.
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