940 Island Hwy
CR Campbell River Central Campbell River V9W 2C3

$1,285,000
Commercial Sale

Main Photo: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 1: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 2: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 3: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 4: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 5: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 6: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 7: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 8: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Photo 9: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 962355
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
962355
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. 6.2%. Don’t miss out on this turn key property.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5,840.04 sq. ft.
Building Features:
Parking, Shopping Nearby, Transit Nearby
Construction:
Block, Frame Wood, Insulation All, Wood
Foundation:
Slab
Floor finish:
Mixed
Total Building Area:
4,043 sq. ft.
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump, Natural Gas
Fireplace:
No
Sign: Allowed
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Campbell River
Zoning:
C-1
Legal Non-Conformance:
No
Occupancy:
Tenant
Lot Site Features:
Marina Nearby
Parking Features:
On Site
Total Parking Spaces:
9
Road Surface Type:
Paved
Date Listed:
May 01, 2024
Original Price:
1345000.0
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Listed by RE/MAX Ocean Pacific Realty (CX)
Data was last updated September 19, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,450,000
Min list price:
$350,000
Max list price:
$3,999,900
Avg days on market:
113
Min days on market:
15
Max days on market:
225
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
TRACY FOGTMANN
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.