This offering presents a rare opportunity to acquire a multi-use property in the heart of Chemainus, combining income stability with significant upside potential. The building features three commercial units, a dedicated storage space, and a well-appointed two-bedroom residential suite currently leased to a long-term tenant at $1,400 per month. With the remaining commercial spaces delivered vacant at closing, new ownership gains exceptional flexibility to curate a tenant mix, reposition the property for enhanced returns, or occupy part of the building while maintaining residential income. The property’s C-2 zoning supports a variety of commercial uses, making it attractive for investors seeking value-add potential or owner-operators looking for a live-work solution. Located in a vibrant community known for its arts, culture, and tourism appeal, the site benefits from steady local traffic and proximity to key amenities. Recent pricing adjustments further enhance the investment case, offering an accessible entry point into a growing market. Whether your strategy is long-term hold, redevelopment, or immediate occupancy, this asset provides a compelling combination of current income and future growth potential.