Address
1241 Ironwood St, Campbell River, BC
Price
$ 4,599,900
Property Attributes
  • ID#1024110
  • TypeCommercial
  • Listing Status Active
  • MunicipalityCampbell River
  • CityCampbell River
  • AreaCampbell River
  • NeighbourhoodCampbell River Central
  • Postal CodeV9W 5T4
  • Style
  • Price$ 4,599,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size2.09 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades. (id:7434)

General Features

Features Central location, Other, Rectangular
Property Type Other
Zoning Description C-1
ZoningType Unknown
Neighbourhood Campbell River Central
Building Type Commercial Mix
Ownership Type Freehold

Interior Features

Building Fireplace Present False

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9W 5T4

Price
AVG $4.6M
$4.6M