FlatKey Realty Ltd. · Licensed B.C. real estate brokerage · Tom Majek Personal Real Estate Corporation, Managing Broker
$4,599,900

1241 Ironwood Street, Campbell River V9W5T4

Detached
Listed by: Royal LePage-Comox Valley (CV).
Data provided by CREA's Data Distribution Facility.
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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. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Commercial Mix
Annual Taxes: $69,404
Lot Size: 2.09

Property Details

Property Type Detached
Sub Type Other
Lot Size 2 sq ft
Listing ID 1024110

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