$1,875,000
7205 PIONEER Avenue, Agassiz V0M1A3
3,663 Sq Ft
Built 1956
Detached
Listed by: RE/MAX Bob Plowright Realty.
A clearer picture before you buy
Unlock listing timeline & local insights
See how long this home has been listed and explore local market insights.
Description
FULLY LEASED INVESTMENT OPPORTUNITY "” BUILDING & LAND ONLY. Fully renovated freestanding 3,663 SF building on 8,415 SF lot in the heart of Agassiz. Secure income from a 10-year net lease (to July 2035) w/ ~9 years remaining, featuring built-in annual rent escalations plus a 15% management fee recovery "” a 5.42% cap rate on current rent, rising to a 6.37% cap rate on the average rent over the term. Tenant pays operating costs, taxes & utilities. Tenant is the Broken Whisk, a well-established & highly rated restaurant known for great food and atmosphere, with major improvements incl. covered heated patio, wood-fired pizza oven & C-Can storage. Lease personally guaranteed w/ one 10-yr renewal option. PLEASE DO NOT DISTURB THE TENANT OR STAFF "” no walk-throughs. Buyers & agents may view the interior only as paying restaurant customers. Contact listing agent for NDA and details. * PREC - Personal Real Estate Corporation (id:66934)
Location
Approximate location supplied by the listing data provider.
Features
Lot Size: 0.19
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Retail |
| Living Area | 3,663 sq ft |
| Lot Size | 0 sq ft |
| Year Built | 1956 |
| Listing ID | C8081003 |
Similar Listings You May Like
$1,999,999
2284 ASHTON ROAD, Agassiz BC V0M 1A1
Listed by: RE/MAX Nyda Realty Inc.
$1,599,900
3429 LOUGHEED HIGHWAY, Agassiz BC V0M 1A1
Listed by: Homelife Advantage Realty Ltd
$1,559,900
7312 MARTIN ROAD, Agassiz BC V0M 1A2
Listed by: RE/MAX Nyda Realty Inc.
$1,790,000
#SUB 12, SEC 8 HARRISON River, Agassiz
Listed by: Century 21 Creekside Realty (Agassiz)
$1,700,000
4602 HUNT Road, Agassiz
Listed by: RE/MAX Nyda Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided under copyright by CREA's Data Distribution Facility and is deemed reliable but is not guaranteed accurate by CREA or FlatKey Realty Ltd.
This website and its contents are not intended to solicit buyers or sellers currently under contract with another real estate brokerage.