940 Island Hwy, Campbell River, BC, V9W 2C3

$1,345,000

MLS® # 962355

Commercial For Sale In Campbell River, British Columbia

$1,345,000

Property Information:

Investor Alert! Commercial building in highly desirable area of downtown Campbell River. First time on the market, 940 Island Hwy has been well cared for, offers over 4,000 sqft of leasable area, beautiful 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, and unobstructed ocean views. The CAP rate is est. 5.5%. Don’t miss out on this turn key property.

Property Features:

  • Annual Tax Amount: $14,681
  • Building Features: Parking, Shopping Nearby, Transit Nearby
  • Construction Materials: Block, Frame Wood, Insulation All, Wood
  • Cooling: Air Conditioning
  • Exterior Features: Sign: Allowed
  • Floor Space (approx): 4043 Square Feet
  • Flooring: Mixed
  • Foundation Details: Slab
  • Heating: Baseboard, Electric, Heat Pump, Natural Gas
  • Lot Features: Marina Nearby
  • Lot Frontage: 5840 Square Feet
  • Lot Size: 5840.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Retail
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: C-1
  • Sewer:
  • No. of Parking Spaces: 9

Courtesy of: RE/MAX Ocean Pacific Realty (CX)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos