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. For more information, please call Christiaan Horsfall at 250-702-7150
Address
940 Island Hwy
List Price
$1,279,000
Property Type
Commercial Sale
Type of Dwelling
Retail
Area
Campbell River
Sub-Area
CR Campbell River Central
Lot Size
5840 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
MLS® Number
1002481
Listing Brokerage
RE/MAX Ocean Pacific Realty (CX)
Postal Code
V9W 2C3
Tax Amount
$15,337.88
Tax Year
2024
Features
Baseboard, Electric, Heat Pump, Mixed, Natural Gas
Amenities
Lighting, Marina Nearby, Sign: Allowed
