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142 Morison Ave, Parksville, BC, V9P 0B1

MLS® # 968147
Commercial For Sale In Parksville, British Columbia
$3,100,000
142 Morison Ave, Parksville, BC
142 Morison Ave, Parksville, BC
142 Morison Ave, Parksville, BC
142 Morison Ave, Parksville, BC
142 Morison Ave, Parksville, BC
142 Morison Ave, Parksville, BC
142 Morison Ave, Parksville, BC
142 Morison Ave, Parksville, BC
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ACTIVE
142 Morison Ave, Parksville, BC, V9P 0B1
$3,100,000

Property Information:

This listing is for the sale of shares of 2 corporations. The first one being the Tower Brae Holdings Ltd. whichoperates as Parksville Home Hardware, Parksville, B.C. This is a well established Home Hardware franchisewith a proven record of profits over many years. It is located in the heart of downtown Parksville with excellenttraffic flow and is a destination business with many regular customers. Tower Brae Holdings Ltd. is offered forsale at $650,000 which includes $350,000 in inventory. The purchase price would be adjusted to reflectactual inventory at the takeover date.The second corporation is Ormiston Holdings Ltd, which owns the land and buildings, consisting of 142Morison Ave with 6,997 sq ft of retail space, valued at $2.2M and a warehouse at Unit 7-1147 Franklin's GullRd in the Parksville Industrial Park with approx. 1300 sq ft of storage space, valued at $250,000 and reflects acombined cap rate of 5.71 %

Property Features:

  • Annual Tax Amount: $25,270
  • Built in: 1952
  • Business Type: Other
  • Lot Frontage: 6997 Square Feet
  • Lot Size: 6997.00 Square Feet
  • Ownership: Other
  • Property Sub Type: Retail
  • Zoning: C3.2 & l-1

Courtesy of: NAI Commercial Central Vancouver Island Ltd.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 142 Morison Ave, Parksville, BC, V9P 0B1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

27/100

Moderate-Low

ClimateCheck®

Current data

This property, 142 Morison Ave , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.5 degrees Celsius.

Projected Avg. Temperature

Past
28.6℃
2050
31.5℃

# Hot Days Per Year

Past
7
2050
20

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

92/100

High

ClimateCheck®

Current data

This property, 142 Morison Ave , experiences 12 significant 2-day storms per year, with about 586.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 672.4mm of precipitation per year.

Precipitation Per Storm

Past
586.2mm
2050
672.4mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 142 Morison Ave, Parksville, BC, V9P 0B1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$85,850.11

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.85 %

High school certificate or equivalent

35.19 %

Apprenticeship trade certificate/diploma

11.78 %

College/non-university certificate

23.74 %

University certificate (below bachelor)

1.46 %

University Degree

11.99 %

Commuter

Travel To Work

By Car

72.13 %

By Public Transit

0.0 %

By Walking

21.81 %

By Bicycle

3.16 %

By Other Methods

2.9 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.39 %

Houses

33.61 %

Own Vs. Rent

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