D'Arcy Harris

c: 250-686-2375 | darcy@darcyharris.com

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Sotheby's International Realty Homes for Sale:

118 Rainbow Road
GI Salt Spring SALT SPRING ISLAND V8K 2V5

$6,800,000
Commercial

Main Photo: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
Prop. Type:
Commercial
MLS® Num:
378390
Status:
Active
Build. Type:
Motel or Hotel
Are you seeking an investment opportunity in Ganges Village with exceptional ocean and islands views? This sunny, private property is situated at the edge of Ganges Village a walk to restaurants, galleries, Library, indoor pool, everything is at your doorstep, Keep your boat at nearby marinas, Walk to floatplane docks, Seven beautiful separate suites, all with private balconies with views and parking Continue to enjoy the vacation rental aspects or sell the units as individual strata resort opportunities. Every unit has separate entrances, off the parking area and easy-care landscaping. Tucked away, yet very much a part of Salt Spring's Ganges Village allure.
Property Type:
Commercial
Commercial Type:
Business, Parking, Multi-Family (5+ Units)
Type:
Revenue 5+ Multiplex
Total Finished Rooms:
0
Total Unfinished Rooms:
0
Lot Size:
0.41 acre(s)
Title to Land:
Freehold
Building Type:
Motel or Hotel, Multi-Family
Water supply:
City/Munic.
Gross Taxes:
19518.0
For Tax Year:
2017
Assessed:
0.0
Assessment year:
2017
Assessment Roll Number:
617100
Revenue Property (Y/N):
Yes
Jurisdiction name:
Gulf Islands Rural (764)
Legal Description:
Please see all (7) titles in Supplements for information.
Possession Details:
Subject to Tenancy
Total Units in Complex:
7
2-Bedroom Units:
6
3-Bedroom Units:
1
Total Building Area:
8,290 sq. ft.
Lot Site Features:
View: City, View: Water
Building Features:
Balcony(s), Deck, Floor: Hardwood, Floor: Lino, Kitchen, Laundry Room, Sprinklers: Fire, Storage Room
Price Includes Building:
Yes
Price Includes Business:
No
Price Includes Land:
Yes
Sale type:
Sale Price
Transaction Type:
For Sale
Date Listed:
May 24, 2017
Original Price:
$6,800,000
  • Photo 1: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 2: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 3: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 4: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 5: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 6: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 7: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 8: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 9: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 10: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 11: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 12: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 13: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 14: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 16: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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  • Photo 17: 118 Rainbow Road in SALT SPRING ISLAND: GI Salt Spring Revenue 5+ Multiplex for sale (Gulf Islands)  : MLS® # 378390
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Larger map options:
Jason Binab of Engel & Völkers Vancouver Island - Victoria and Liane Read of Real Estate Board Of Greater Vancouver
Listing information last updated on Aug 31, 2017 4:05 PM

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