Campbell River, BC V9W 2C3,940 Island Hwy
Campbell River, BC V9W 2C3,940 Island Hwy
Campbell River, BC V9W 2C3,940 Island Hwy
Campbell River, BC V9W 2C3,940 Island Hwy
Campbell River, BC V9W 2C3,940 Island Hwy
Campbell River, BC V9W 2C3,940 Island Hwy
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$ 1,279,000
Est. payment | /mo

5,662 Sqft Lot


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$ 1,279,000
Est. payment | /mo
Save

5,662 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1002481

Rental Info Unrestricted

Annual Tax Amount $15,337

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

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

Heat Source Baseboard, Electric, Heat Pump, Natural Gas

Exterior

Exterior Feature Lighting, Sign: Allowed

Parking On Site 1

Total Parking Spaces 9

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

Others

Pets Allowed Yes

Restrictions None

Tax ID 003-442-217

Ownership Freehold

Listed by RE/MAX Ocean Pacific Realty (CX)
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940 Island Hwy