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. For more information, please call Christiaan Horsfall at 250-702-7150 (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Features
Marine Oriented
Listing Contract Date
2024-05-01
Municipal ID
003-442-217
Ownership Type
Freehold
# of Parking Spaces
9
Plan
VIP21655
Property Type
Retail
Transaction Type
For sale
Zoning Description
C-1
Zoning
Unknown
Building
Cooling Type
Air Conditioned
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Heat Pump
Size (Exterior)
4043 square feet
Type
Retail
Land
Total Size
5840 square feet
Access Type
Road access
Size of Irregular Land
5840
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