2082 Comox Ave - Hospitality FOR SALE


Comox, BC V9M 1P8
$13,500,000 CAD
250-414-8378
2082 Comox Ave, Comox, BC for Sale
$13,500,000 CAD
Hospitality - FOR SALE
1/1
null | Request Cap Rate

2082 Comox Ave
Comox, BC V9M 1P8


HIGHLIGHTS

  • The property represents a true covered land play, offering immediate holding income from a stable, well-maintained operation.
  • The site offers spectacular panoramic views of both the ocean and surrounding mountains, adding significant lifestyle appeal.
  • The property is in excellent condition with limited near-term capital expenditure required.
  • With prominent frontage along Comox Avenue, the property is highly visible and easily accessible.

OVERVIEW

Colliers is pleased to offer for sale a 100% interest in 2082 Comox Avenue, a well maintained 66-unit motel with three commercial tenants, offering strong holding income and exceptional long-term redevelopment potential. Situated on ±1.77 acres of land in the heart of Comox, the property enjoys stunning panoramic views of both the ocean and surrounding mountains. This offering presents a unique opportunity to acquire a income generating asset with significant upside in one of Vancouver Island’s most picturesque and rapidly evolving communities.

FOR SALE DETAILS

PRICE

$13,500,000 CAD

PRICE/SF

$554 CAD /SF

# OF ROOMS

60

PRICE/ROOM

$225,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Port Augusta Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

C2.2

APN/PARCEL ID

023-521-201

ASK ABOUT THIS PROPERTY

John FayadColliersMore Info
250-414-8378

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John FayadColliersMore Info
250-414-8378

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.