49.62293 -125.02523

2782 ULVERSTON AVE Cumberland, BC V0R 1S0

Christine Andrusco
Christine Andrusco
113 - 2nd Avenue West PO Box 1890 Qualicum Beach BC V9K 1T5
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229270001 49.62293 -125.02523 3116 /listing/229270001-150112764/2782-ulverston-ave-cumberland-bc-v0r-1s0 False 0 799900.0 101 449545 False
  • $799,900
  • 2782 ULVERSTON AVE Cumberland, BC V0R 1S0

Property & Neighborhood Info

Courtesy Of Royal LePage-Comox Valley (CV)

Commercial in CUMBERLAND

Mixed use Property. Original 1950's warehouse currently containing 10 mini storage units fully rented. 30 X 50 ft warehouse area currently containing an office Files Storage and shredding facility business that is included within the asking price. This also includes an additional large office and washroom area. Second building is a large four plex built in the mid 1990's with long term tenants in place. Zoning is R1A and legally non-conforming and has operated without any issues for several years. Good potential for somebody looking for a small profitable business to work out of as well as an income producing property that already has good long-term tenants in place with little or no drama. Monthly revenue without the shredding business income is just over $4,100 per month. All rents including mini storage and residential units are rented below market value and have not had an increase which is long overdue which would significantly increase revenue stream if given.

Courtesy Of Royal LePage-Comox Valley (CV)

Main Features

  • Listing Status: Active
  • MLS® Number:449545

Additional Features

  • Business Type:
    • Miscellaneous
  • Property Type:
    • Building and Land
  • Type:
    • Multi-family
  • Title:
    • Freehold
Neighborhood info courtesy of Homes.com © 2019