Courtenay, BC V9N 1K3,512 5th St
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Courtenay, BC V9N 1K3,512 5th St
Courtenay, BC V9N 1K3,512 5th St
Courtenay, BC V9N 1K3,512 5th St
Courtenay, BC V9N 1K3,512 5th St
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Dustin Miller

Dustin Miller

+1(778) 678-9815
Listed by Jeff Crisp Royal LePage-Comox Valley (CV)
$ 649,900
Est. payment /mo
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512 5th St Courtenay, BC V9N 1K3

1,042 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,042 sqft

Price per Sqft $623

MLS Listing ID 1023506

HOA Y/N No

Annual Tax Amount $6,855

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Mixed Use

Property Description

Positioned on prime 5th Street frontage in downtown Courtenay, this C1 zoned property presents a compelling opportunity for investors, owner users, or developers. The 1,000+ sqft building offers immediate income with a long term commercial tenant currently on a month to month lease and open to a new multi-year agreement. Recent upgrades include a brand new roof and 200 amp electrical service, supported by four private parking stalls.
As the most centrally located downtown property with both front and back yards, the site benefits from favorable setbacks and zoning that may allow for a four storey mixed-use development. Potential exists for up to 20,000 sqft of commercial and residential space, including a commercial ground floor and residential units above with glacier and ocean views. A rare opportunity to secure income today while unlocking significant redevelopment upside tomorrow.

Location

Province BC

County Courtenay, City Of

Community Cv Courtenay City

Area Comox Valley

Zoning C1

Interior

Fireplace No

Exterior

Exterior Feature Sign: Allowed, Wheelchair Access

Parking Features On Site

Garage Spaces 4.0

View Y/N No

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Sewer Sewer Connected, Sewer To Lot

Water Municipal

Others

Ownership Freehold

Dustin Miller

Dustin Miller

Broker | License ID: 166888

+1(778) 678-9815

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