Recurring Revenue Investment Property For Sale

Sunbelt Business Brokers Pacific presents an opportunity to invest in a company that holds valuable real estate assets, generating passive and recurring income. The property is situated in the picturesque Sunshine Coast of British Columbia, along Highway 101 with 472.5 feet of frontage. It is Zoned Mixed Commercial/Light Industrial and encompasses over 4 acres of land, including a leased gas station, 4,825 sf of rented service bays, 4 mini storage buildings with 72 self-storage units, 2 rental residences, yard storage and more. This diverse portfolio yields a Net Operating Income of $435,000

Total Sales: $540,000

Cash Flow: $435,000

Year Established: 1983

Owner Hours Per Week: Minimal

Employees: NA

Absentee Owner: Yes

Real Estate: $6,900,000

Real Estate Included: Yes

Type of Location: Industrial / Commercial

Facilities Information:

Service station building: 4,825 sqft
4 mini-storage buildings with 72 storage units
Ground lease area
Rental dwelling with 2 residences
Yard storage area
total 4.46 Acres

Reason For Sale:

Retirement Divestiture

Training & Support:

Minimal required

Potential Growth:

The Company operates with minimal marketing strategies in place. Its in-demand services, fully leased premises, and a perpetual waiting list, have diminished the need for promotional campaigns. This presents an opportunity for a new owner to explore numerous marketing initiatives for expansion and revenue growth.
The development potential is incredibly flexible due to the lack of zoning regulations and building permit requirements. The land’s best utilization is commercial/light industrial.