922 Island Hwy - Retail FOR SALE


Campbell River, BC V9W 2C3
$3,915,000 CAD
250-740-1060
922 Island Hwy, Campbell River, BC for Sale
$3,915,000 CAD
Retail - FOR SALE
1/2
null | Request Cap Rate

922 Island Hwy
Campbell River, BC V9W 2C3


HIGHLIGHTS

  • The maximum lot coverage of all buildings and structures is 100%.
  • The maximum height of a principal building is 49.21 feet (15 meters).
  • The land immediately in front of the subject site is the Robert V. Ostler Park granting unobstructed views of Discovery Passage and Quadra Island
  • The subject site is rectangular in shape, boasting ± 29,814 square feet (0.68 acres) with ± 225 feet of frontage along Island Highway
  • The on-site parking lot is ± 11,297 square feet and is used to service the requirements of the existing tenancies
  • the parking lot is accessible via the Ninth Avenue rear feeder and the Island Highway

OVERVIEW

The opportunity exists to acquire this well maintained ± 16,760 square foot building located in the primary commercial corridor of Campbell River. Constructed in 1988, the subject property is home to a diverse mix of two long existing tenancies and one new tenancy, with rate escalations present.

FOR SALE DETAILS

PRICE

$3,915,000 CAD

PRICE/SF

$234 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jason WintonColliersMore Info
250-740-1060

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Jason WintonColliersMore Info
250-740-1060

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