ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important. (id:45055)
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Property Details
MLS® Number 1017317 Property Type Single Family Neigbourhood Qualicum Beach ParkingSpaceTotal 15 Plan Vip21832 -
Building
BathroomTotal 1 BedroomsTotal 3 ConstructedDate 1970 CoolingType None HeatingFuel Other Type House -
Land
Acreage Yes SizeIrregular 1.32 SizeTotal 1.32 Ac SizeTotalText 1.32 Ac ZoningType Residential/commercial -
Rooms
Level Type Length Width Dimensions Main Level Bathroom 5 ft 6 ft 5 ft x 6 ft Main Level Bedroom 10 ft 12 ft 10 ft x 12 ft Main Level Bedroom 10 ft 12 ft 10 ft x 12 ft Main Level Bedroom 10 ft 12 ft 10 ft x 12 ft -
Utilities
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December 01 2025 10:23:18
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)
