940 Island Hwy new Save Request In-Person Tour Request Virtual Tour
Campbell River,BC V9W 2C3
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1002481
Annual Tax Amount $15,337
Tax Year 2024
Lot Size 5,662 Sqft
Property Sub-Type Retail
Property Description
Investor Alert! Commercial building in highly desirable area of downtown Campbell River. 940 Island Hwy has been well cared for by the original owner, offering over 4,000 sqft of leasable area, beautiful ocean views, and has an excellent stable tenant mix. Rarely do commercial properties like this become available. The exposure is fantastic, there is parking for 9 behind the building, a new 5-ton heat pump, resurfaced torch-on roof, and unobstructed ocean views. The CAP rate is est. 6.5%. Don't miss out on this turn key property.
Location
Province BC
County Campbell River, City Of
Area Cr Campbell River Central
Zoning C-1
Interior
Heating Baseboard,Electric,Heat Pump,Natural Gas
Cooling Air Conditioning
Flooring Mixed
Exterior
Exterior Feature Lighting,Sign: Allowed
Parking On Site 1
Building
Lot Description Marina Nearby
Building Description Block,Frame Wood,Insulation All,Wood, High Traffic Area,Parking,Shopping Nearby,Transit Nearby,Visual Exposure
Foundation Slab
Sewer Sewer Connected
Water Municipal
Structure Type Block,Frame Wood,Insulation All,Wood