Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades. (id:45055)
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Property Details
MLS® Number 1024110 Property Type Other Neigbourhood Campbell River Central Features Central Location, Other, Rectangular Plan Vip29915 -
Building
Type Commercial Mix -
Land
AccessType Road Access Acreage Yes SizeIrregular 2.09 SizeTotal 2.09 Ac SizeTotalText 2.09 Ac ZoningDescription C-1 ZoningType Unknown -
Rooms
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Utilities
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January 27 2026 08:23:25
Vancouver Island Real Estate Board
Royal LePage-Comox Valley (Cv)
