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2931 Moray Ave
Courtenay British Columbia , V9N7S7 , Canada
View Just Photos
Click any photo to see slideshow
Street view, lots of parking
Front view...two new insulated garage doors, one with windows
Retail store/public tasting area
Another view of the retail area
Reception/till
Public tasting area
Behind the reception counter
2 piece bath off reception
Front portion of distillery
...another view
Looking towards the back
Another tasting area for larger groups
New windowed/insulated garage door lets in lots of natural light
Looking towards the back garage doors
access by stairs to the mezzanine
Staff lunchroom at mezzanine level
Staff bathroom at mezzanine level
One of 2 mezzanine level offices
The 2nd mezzanine level office
Side yard, showing tenant storage containers, Rogers tower in the back right corner
Rogers tower
Rear of building showing 3 more garage doors

$1,150,000.00
MLS® 997340
Commercial
Lot Size: 19374 Square Feet
Clear Height: 216
No. of Parking Spaces: 7
Built in: 1990
Zoning: Light Industrial I-2
Remarks:
Investor opportunity!! 5% cap rate from 2 tenants: Rogers Communications has a small fenced in compound with a cell tower in the back right corner; Wayward Distillery occupies 95% of the property & 100% of the building. Lease for Wayward expires June 30, 2029, with one 5 year option to renew. Wayward has a retail store component right at the entry, which serves as both a tasting room & storefront. There's a 2 piece bathroom at the back of this space. They've added some nice touches such as a timber frame covered entry to the building, & 2 electric vehicle plug-ins by the front entry. Rogers is basically a permanent tenant by virtue of a Right of Way registered against the title which governs their access, right to use, & defines the rent structure being tied to CPI. The upstairs mezzanine has 2 offices & a staff lunchroom with a 2 piece bathroom. Located just off the 29th St. (South) connector, this area is mostly Light Industrial (I-2) zoned. At least 7 off-street parking spots. (id:7526)

Property Features:
  • Access Type: Road access
  • Features: Central location , Other , Rectangular
  • OwnershipType: Freehold
  • Property Type: Industrial
  • Zoning Type: Unknown
Building Features:
  • Heating Fuel: Natural gas
  • Heating Type: Other

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