Retail for sale
940 Island Hwy, Campbell River
$1,279,000
Features
Floor Area
4,043 sqft
Lot Size
5,840 sqft
Gross Property Tax
$15,337.88 /year
Zoning
C-1
Amenities
Lighting, Sign: Allowed, High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Additional Features
Marina Nearby
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. For more information, please call Christiaan Horsfall at 250-702-7150
MLS® Number 1002481