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Listed by Hacey Jeong Royal LePage Nanaimo Realty (NanIsHwyN)
$ 3,099,000
Est. payment | /mo
2,927 SqFt
$ 3,099,000
Est. payment | /mo
2,927 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,927 sqft
Price per Sqft $1,058
MLS Listing ID 1025489
HOA Y/N No
Annual Tax Amount $9,434
Tax Year 2024
Lot Size 1.320 Acres
Acres 1.32
Property Sub-Type Mixed Use
Property Description
ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today's low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There's also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.
Location
Province BC
County Qualicum Beach, Town Of
Community Pq Errington/Coombs/Hilliers
Area Parksville/Qualicum
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Street Surface Paved
Garage No
Others
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
Nearby Locations
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