Courtenay · Commercial Sale · MLS® 1029463

1070 Cliffe Ave, Courtenay

$1,790,000
116Days on Market

About this property

High-exposure C-1 zoned commercial property on Courtenay’s busiest corridor. This 3,655 sq ft building sits on a prominent double lot of approx. 21,780 sq ft, offering excellent visibility, dual access from both Cliffe Ave and 11th St, and a fully fenced parking area—an exceptional feature for operations or future redevelopment. The interior includes multiple demised areas suited to a wide range of commercial uses, supported by updated heat pumps with AC and refreshed interior finishes. The property is fully leased to a stable long-term tenant who have extended their lease to January 31, 2028, while retaining a 6-month early-termination option. Tenant pays $18 sq/ft - NNN, including the full 2025 property taxes ($21,498.74). A rare opportunity to acquire a dependable, income-producing asset in the heart of Courtenay’s commercial district.

Features & details

DDF Property Type Retail
Building Type Retail
Land Size 21,780 sq ft (0.5 acres)
Property Type Retail
Cooling Air Conditioning
Zoning C1

Location

Brokerage Listed by One Percent Realty Ltd.. Information is deemed reliable but not guaranteed.