Address
674 Memorial Ave, Qualicum Beach, BC
Price
$ 2,700,000
Property Attributes
  • ID#1029859
  • TypeCommercial
  • Listing Status Active
  • MunicipalityQualicum Beach
  • CityQualicum Beach
  • AreaQualicum Beach
  • NeighbourhoodQualicum Beach
  • Postal CodeV9K 1S8
  • Style
  • Year Built2006
  • Price$ 2,700,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

INVESTOR Alert! Fully tenanted investment opportunity in desirable downtown Qualicum Beach on beautiful Vancouver Island. This offering includes two commercial buildings being sold together as one interdependent package, providing an attractive cap rate. The first building built 2006 features four separately hydro-metered commercial zoned strata retail units with a loading bay. The second building consists of a single-use retail bookstore tenancy. Zoned commercial and conforming, this is a strong income-producing two building asset in one of Vancouver Island’s most sought-after destination communities. Excellent anchor tenants include a retail Gift Store, Pet Supply Company, Book Store, a modern Beauty Salon, and an Electronics/ Alarm Installation Store. The property benefits from access on both Memorial Avenue and Fir Street with a shared loading dock around back, offering outstanding retail exposure, convenience, and functionality for tenants and customers alike. Plenty of come and go street parking, located in a vibrant tourist town with strong walk-by traffic and high vehicle counts, this is a rare opportunity to acquire a proven revenue-producing commercial holding in the heart of downtown Qualicum Beach. All data and measurements are approximate and should be verified if important. Showings after or before business hours. (id:7434)

General Features

Property Type Other
Zoning Description COMM
ZoningType Unknown
Neighbourhood Qualicum Beach
Building Type Commercial Mix
Ownership Type Strata

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 V9K 1S8

Price
AVG $2.7M
$2.7M
Year Built
AVG 2006
2006