Richard Gadoury

Comox Valley Real Estate                                                                       

Cell: 250-331-1058 |

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7480 S Island Hwy
CV Union Bay/Fanny Bay Fanny Bay V0R 1W0

$1,880,000
Commercial Sale built: 1938

Main Photo: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
Photo 1: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
Photo 2: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
Photo 3: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
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Photo 31: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
Photo 32: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
Photo 33: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
878247
Year Built:
1938
The Legendary FBI Fanny Bay Inn Built 1938, 83 years young has been a destination pub and a neighbourhood meeting place famous for its warmth, character, great food and music. The main floor is licensed for 80 and outside garden /patio is licensed for 75 soon to be 125. Upstairs features two one bedroom suites, potential income $2,400 per month. Over the last couple of years, the current owner has updated and repaired all aspects of the pub. Sitting on 0.80 acre of sunshine and oceanfront view. Awesome highway exposure. An exceptional staff that's looking forward to working with the new owners.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Year built:
1938 (Age: 83)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Union Bay/Fanny Bay, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.8 acre(s)
Taxes:
Number of Storeys:
3
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Courtenay Rural (771)
Legal Description:
Zoning:
C-1
Units in Building:
Units in Community:
Occupancy:
Owner
Parking Features:
On Site
Road Frontage Type:
Highway
Road Surface Type:
Paved
Business Name:
Fanny Bay Inn
Business Type:
Restaurant/Bar
Business Established Year:
1938
Total Units:
Date Listed:
Jun 05, 2021
Original Price:
1880000.0
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    Sunday Jam
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    Upper suite
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    Freezer with new cooling unit
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    Prep and baking area
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  • Photo 31: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
    Currently patio is license for 75 soon to be 125
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    Just installed new patio and stage
  • Photo 33: 7480 S Island Hwy in Fanny Bay: CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 878247
    RV pad with power and septic ... Trailing is sold separately $40,000
Listed by RE/MAX Anchor Realty (QU)
Data was last updated December 6, 2021 at 07:30 AM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$949,950
Min list price:
$30,000
Max list price:
$13,000,000
Avg days on market:
119
Min days on market:
3
Max days on market:
1,573
These statistics are generated based on the current listing's property type and located in Comox Valley. Average values are derived using median calculations.
RICHARD GADOURY
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.