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1499 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1040733
1499 Island Hwy CR Campbell River CentralCampbell RiverV9W 8E5
3.4-acre C4-zoned commercial property with direct highway access in the heart of Campbell River. The property features two well-maintained buildings totaling approximately 14,825 sq. ft. and 8,300 sq. ft., both occupied by active businesses. The smaller building is leased through July 1, 2029, providing stable income potential. Ideally situated between Home Depot and Walmart, this high-profile location offers exceptional visibility, exposure, and convenient access for a wide range of commercial operations. Previous uses have included a building supply business and a furniture warehouse/showroom, demonstrating the property's versatility. Opportunities of this scale are rare. With its prime location, substantial lot size, and flexible C4 zoning that permits a variety of commercial uses, this property represents an outstanding long-term investment opportunity with significant future potential.More details
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.More details
Investor Alert! Motel for sale in Campbell River right across from the ocean and the popular Sea walk, close to golf, the boat launch, recreation and Mount Washington. This 2-story motel has 25 units with ocean views and a manager's suite. 20 of the rooms are rented on a monthly basis with the other 5 rented daily or weekly. There's a coin laundry facility, and a commercial-size freezer for storing fishing catches. This is a share sale.More details
Prime Investment Opportunity – Fully Tenanted Commercial Property in Central Campbell River
Don’t miss this exceptional opportunity to own a .41-acre commercially zoned property in Campbell River’s downtown core. This well-maintained, one-storey building offers 6,662 square feet of versatile commercial space, fully leased to stable, long-term tenants.
5152 sq ft is currently leased to a provincial government agency, providing secure and reliable rental income.
The remaining 1510 sq ft is leased to a reputable community service organization, enhancing the property's community value and occupancy stability.
Strategically located with ample parking and excellent access, this property is close to shopping centers, essential services, and public transportation, making it an attractive and convenient location for tenants and visitors alike.
Key Features:
0.41-acre lot
35 parking stalls to accommodate staff and clients
6,662 sq ft building
Zoned for commercial useMore details
Commercial building in desirable downtown Campbell River. 940 Island Hwy has been well cared for by the original owner, offering 4,000 sqft of leasable area, beautiful ocean views, excellent stable tenants on the main floor, and the second floor is ready to occupy or lease out. Rarely do commercial properties like this become available. The exposure is fantastic, there is parking for 9 behind the building, a newer 5-ton heat pump, resurfaced torch-on roof in 2025, and unobstructed ocean views. Great value for an owner occupant or lease out and you’ll achieve a 6% CAP.More details