Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades. (id:13843)
| MLS # | 1024110 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Mix |
| Status | Active |
| Days On Site | 291 |
| Listing Provided By | Royal LePage-Comox Valley (CV) | Jamie Edwards |
| SQ Feet | 27,547 |
|---|---|
| Zoning | Unknown |
| Acreage | 2.09 |
| Fireplace Yes / No | No |
|---|
| Lot Features | Central location, Other, Rectangular |
|---|
| Tax Annual Amount | 69404 |
|---|---|
| Tax Lot | 4 |
| Province | BC |
|---|---|
| City | Campbell River |
| Postal Code | V9W5T4 |
| Listing VS Median (in V9W5T4) | |
Price: $4,599,900 low | high Med: $4,599,900 sqft: 27,547 low | high Med: 27,547 $ / sqft: $167 low | high Med: $167 On site: 291 low | high Med: 291 | |
| Province | BC |
|---|---|
| City | Campbell River |
| Postal Code | V9W5T4 |
| Listing VS Median (in V9W5T4) | |
Price: $4,599,900 low | high Med: $4,599,900 sqft: 27,547 low | high Med: 27,547 $ / sqft: $167 low | high Med: $167 On site: 291 low | high Med: 291 | |