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

$1,600,000
Commercial Sale built: 1937

Main Photo: 7480 S ISLAND Hwy in : CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 851223
Photo 1: 7480 S ISLAND Hwy in : CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 851223
Photo 2: 7480 S ISLAND Hwy in : CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 851223
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Photo 50: 7480 S ISLAND Hwy in : CV Union Bay/Fanny Bay Business for sale (Comox Valley)  : MLS®# 851223
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
851223
Once in a lifetime opportunity to own the legendary destination pub, Fanny Bay Inn! Affectionately known by locals as the FBI, this historic landmark has been the neighbourhood meeting place for decades. Built in 1938, at 81 years young, the FBI is famous for its warmth, character, music, great food and drinks. Over the last four years, the current owner has repaired and updated all aspects of the pub. The main floor is licensed for 80 patrons backyard is now licensed for 75 people .The bright, spacious outside garden overlooking Baynes Sound. The FBI has an exceptional staff looking forward to working with the new owners. To sweeten the pot, included are the two one-bedroom suites upstairs, with a potential monthly income of $2,200. Location is always important. The Fanny Bay Inn sits on a sunny 0.80 acre lot and boasts lots of parking and awesome exposure on the old Coast Highway scenic route. Become a part of Island history.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Year built:
1937 (Age: 83)
Lease Type:
Sale of Assets
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
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:
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Owner
Parking:
On Site
Road Frontage Type:
Highway
Business Name:
FANNY BAY INN
Business Type:
Restaurant/Bar
Business Established Year:
1937
Total Units:
Date Listed:
Aug 01, 2020
Original Price:
1600000.0
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Listed by RE/MAX Anchor Realty (QU)
Data was last updated October 29, 2020 at 03:10 AM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$902,450
Min list price:
$85,000
Max list price:
$6,000,000
Avg days on market:
222
Min days on market:
27
Max days on market:
1,170
These statistics are generated based on the current listing's property type and located in Comox Valley. Average values are derived using median calculations.

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