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Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listing by Jamie Edwards Royal LePage-Comox Valley (CV)

$ 4,599,900

Est. payment -/mo

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Active

1241 Ironwood St Campbell River, BC V9W 5T4

27,547 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 27,547 sqft

Price per Sqft $166

MLS Listing ID 1024110

HOA Y/N No

Annual Tax Amount $69,404

Tax Year 2025

Lot Size 2.090 Acres

Acres 2.09

Property Sub-Type Mixed Use

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.

Location

Province BC

County Campbell River, City Of

Community Cr Campbell River Central

Area Campbell River

Zoning C-1

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Street Surface Paved

Garage No

Building

Lot Description Central Location, Easy Access, Rectangular Lot, Shopping Nearby

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

Virtual Tour https://www.comoxvalleylistings.ca/listing/1024110-1241-ironwood-st-campbell-river-bc-v9w-5t4/

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”

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