Multi Residential and Commercial Investment Opportunity with excess land! Strategically located on the busy Alberni Hwy which offers excellent exposure, zoned Commercial 3. The site offers 3.5 acres of level land which fronts 3 roads. Improved with a renovated 7,500 sq. ft. quality building with many updates throughout that include roof and vinyl windows. The main level is a recently renovated commercial space with a solid long-term lease in place with newer furnace, heat pump and HWT. On the upper 2 levels are the 4 residential apartments which are very spacious and well finished. Offering 2 bedrooms and 2 bathrooms each, they are equipped with their own hydro meters, own laundry, own HWT, buzzer system, storage, and plenty of parking. The site is serviced by a Well and Septic system. Plenty of parking on the large, paved area which encompasses the building. Excess land is partially grassed and treed with high visibility, great for your business! This is a solid investment. Information package available. (id:47421)
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Detailed Information
Features
Acreage, Level lot, Wooded area, Corner Site, Irregular lot size, Other
Listing Contract Date
2024-06-18
Municipal ID
000-007-226
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Zoning Description
C-3.16
Zoning
Unknown
Building
Constructed Date
1984
Size (Exterior)
7500 square feet
Type
Commercial Mix
Land
Total Size
3.5 acres
Access Type
Road access
Acreage
Yes
Size of Irregular Land
3.5
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