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.
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.