Campbell River · Commercial Sale · MLS® 1024110
1241 Ironwood St, Campbell River
$4,599,900
178Days on Market
About this property
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.
Features & details
DDF Property Type
Other
Building Type
Commercial Mix
Land Size
91,040 sq ft (2.09 acres)
Feature
Central location
Feature
Other
Feature
Rectangular
Property Type
Mixed Use
Water Source
Municipal
Sewer
Sewer Connected
Zoning
C-1
Location
Brokerage
Listed by Royal LePage-Comox Valley (CV).
Information is deemed reliable but not guaranteed.
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