Commercial property for sale

512 5th St, Courtenay

$699,900 or
$699,900 or

Commercial property for sale

512 5th St, Courtenay

Features

Lifestyle
970571 699900 /en/commercial-property~for-sale~courtenay/970571?view=Summary /en/commercial-property~for-sale~courtenay/970571/photos 49.6899000000 -125.0015400000 true
Floor Area
1,042 sqft
Lot Size
6,098 sqft
Gross Property Tax
$6,225.54 /year
Zoning
C1
Amenities
Sign: Allowed, Shopping Nearby, Transit Nearby, Visual Exposure
Additional Features
Level

Description

Unique 1000+ sqft gem in the heart of downtown Courtenay. Classic charm meets modern Convenience with updates throughout including new 200 amp electrical service and four private parking spaces. The most central property in downtown Courtenay to have both a front and back yard, complete with 560 sqft front deck and 240 sqft of shed storage. Currently occupied month-to-month by a long term commercial tenant who is keen to sign a new multi-year lease. You have plenty of options: Utilize the space yourself, secure a new lease, capitalize on the prime 5th St. frontage and foot traffic with your own business while leasing the office space in the back. Zoned C1, with both multi-family residential and commercial potential, this future development sites Setbacks, zoning, and larger lot create the potential for a four storey building with commercial ground floor and residences above with unobstructed views of both glacier and ocean. Potential for 20000 sqft of commercial residential mix
MLS® Number 970571

Listing REALTOR®

Jeff Crisp, REALTOR<sup>®</sup>

Jeff Crisp

REALTOR®

Royal LePage-Comox Valley (CV)

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
699,900 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 34419
Back top