$820,000
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0.33 Acres Lot
SOLD DATE : 04/17/2023
Key Details
Sold Price $820,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 921104
Sold Date 04/17/23
Rental Info Unrestricted
Year Built 1907
Annual Tax Amount $15,428
Tax Year 2022
Lot Size 0.330 Acres
Acres 0.33
Property Description
The iconic Green Lantern Sports Pub & Grill is now offered for sale at $995K including land, buildings and business, well below appraised value. This property has great exposure and is centrally located in Chemainus, an internationally renowned tourist destination. C2 Zoning permits a wide range of uses including but not limited to pub, restaurant, hotel, retail, mobile food service and mixed use. The main building is dedicated to commercial on the ground level and includes 2,415 sf dedicated to the pub with a separate kitchen, washrooms and access to a back courtyard patio. Adjacent retail space previously used as a pizzeria and liquor store is currently vacant. Potential to renovate and create additional residential units on the upper level. The rear building provides for additional storage, a studio suite, four bedroom unit (both leased month-to-month) and double attached garage. Opportunity to expand the existing business and revenue streams; buy/hold for future development.
Location
Province BC
County North Cowichan, Municipality Of
Area Du Chemainus
Zoning C2
Interior
Heating Electric, Heat Pump
Flooring Laminate, Tile
Equipment Satellite Dish/Receiver, Security System
Exterior
Exterior Feature Awning(s), Low Maintenance Yard, Security System, Sign: Allowed, Wheelchair Access
Parking On Site 1
Utilities Available Natural Gas Available
Building
Lot Description Central Location, Corner, Easy Access, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk
Story 2
Sewer Sewer Connected
Water Municipal
Structure Type Stucco
Others
Restrictions None
Tax ID 026-690-551
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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Bought with Unrepresented Buyer Pseudo-Office