7205 Pioneer Avenue,Agassiz, BC V0M1A3
Agassiz, BC V0M1A3
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 6.00% cap rate on current rent, rising to a 8.20% cap rate on the final-year rent. 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:374)
Details
| MLS # | C8081003 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1956 |
| Days On Site | 82 |
| Listing Provided By | RE/MAX Bob Plowright Realty | Ron Plowright |
Features
| SQ Feet | 3,663 |
|---|---|
| Acreage | 0.19 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Fireplace Yes / No | No |
Taxes
| Tax Year | 2026 |
|---|
Area Information
| Province | BC |
|---|---|
| City | Agassiz |
| Postal Code | V0M1A3 |
| Listing VS Median (in V0M1A3) | |
Price: $1,760,000 low | high Med: $799,900 sqft: 3,663 low | high Med: 1,745 $ / sqft: $480 low | high Med: $458 On site: 82 low | high Med: 112 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Agassiz |
| Postal Code | V0M1A3 |
| Listing VS Median (in V0M1A3) | |
Price: $1,760,000 low | high Med: $799,900 sqft: 3,663 low | high Med: 1,745 $ / sqft: $480 low | high Med: $458 On site: 82 low | high Med: 112 | |
