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1940 Island Hwy
CR Campbellton Campbell River V9W 2G2

$899,000
Commercial Sale

Main Photo: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 1: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 2: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 3: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 4: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 5: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 6: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 7: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 8: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Photo 9: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
948703
Fully leased mixed commercial and residential building in an excellent high visibility location. Commercial level has 12' high overhead doors-two in the front of the building and one in the alleyway, a washroom, one hoist-shop has 200 amp power. Upstairs is a tenanted 5 bedroom apartment with some new flooring, new washing machine and an excellent tenant. Both units on separate hydro meters. Good, carefree cash flow to step in and own, generating $60,000 yearly.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbellton, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
4,487.031 sq. ft.
Taxes:
Building Features:
Indoor Parking, Security System, Shopping Nearby, Transit Nearby, Visual Exposure, Workshop
Construction:
Block, Frame Wood
Ceiling Heights:
Total Building Area:
4,408 sq. ft.
Commercial Area:
Sewer:
Sewer Connected
Heating:
Baseboard, Electric, Natural Gas, Radiant Ceiling
Fireplace:
No
Pending Date:
Security System, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
C-4
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Level
Parking Features:
On Site
Total Units:
Date Listed:
Nov 21, 2023
Original Price:
899000.0
  • Photo 1: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Photo 1 of 9
  • Photo 2: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Photo 2 of 9
  • Photo 3: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Photo 3 of 9
  • Photo 4: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Photo 4 of 9
  • Photo 5: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Photo 5 of 9
  • Photo 6: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Upper apartment
  • Photo 7: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Upper apartment
  • Photo 8: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Upper apartment
  • Photo 9: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 948703
    Upper apartment
Listed by Candice Svrta of Pemberton Holmes Ltd. (Pkvl)
Data was last updated February 28, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$1,270,000
Min list price:
$120,000
Max list price:
$5,980,000
Avg days on market:
102
Min days on market:
8
Max days on market:
369
These statistics are generated based on the current listing's property type and located in Campbell River. Average values are derived using median calculations.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.