Retail for sale

940 Island Hwy, Campbell River

$1,345,000 or
$1,345,000 or

Retail for sale

940 Island Hwy, Campbell River

Features

Lifestyle
962355 1345000 /en/retail~for-sale~campbell-river/962355?view=Summary /en/retail~for-sale~campbell-river/962355/photos 50.0247800000 -125.2416000000 true
Floor Area
4,043 sqft
Lot Size
5,840 sqft
Gross Property Tax
$14,681.08 /year
Zoning
C-1
Amenities
Sign: Allowed, Parking, Shopping Nearby, Transit Nearby
Additional Features
Marina Nearby
73

Description

Investor Alert! Commercial building in highly desirable area of downtown Campbell River. First time on the market, 940 Island Hwy has been well cared for, offers over 4,000 sqft of leasable area, beautiful 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, and unobstructed ocean views. The CAP rate is est. 5.5%. Don’t miss out on this turn key property. For more information, please call Christiaan Horsfall at 250-702-7150
MLS® Number 962355

Listing REALTORS®

Christiaan Horsfall, REALTOR<sup>®</sup>

Christiaan Horsfall

REALTOR®

RE/MAX Ocean Pacific Realty (CX)

Erin Easy, REALTOR<sup>®</sup>

Erin Easy

REALTOR®

RE/MAX Ocean Pacific Realty (CX)

Location

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  • 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.
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