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1-5/22
2116 Alberni Hwy in Errington: PQ Errington/Coombs/Hilliers Mixed Use for sale (Parksville/Qualicum) : MLS®# 1024726
Prime investment opportunity in Errington, BC, offered significantly below its assessed value and replacement cost. Set on 20+ acres of level, fertile land, the property features 38,500+ sq ft of improvements, including a 26,000 sq ft state of the art cannabis production facility constructed in 2018/2019 with production and processing licenses in place. An additional 8,810 sq ft warehouse is rented to an agricultural grower, providing holding income, with two residential suites offering further rental potential. Zoning CD 16 allows a wide range of uses including farm, dwelling, retail, restaurant, and farm business. Ideally located 8 minutes to Parksville, 36 minutes to Departure Bay ferry terminal, and 43 minutes to Nanaimo Airport. Highway frontage near the popular Coombs Market offers excellent exposure and future producer retail store potential. Licensed facilities of this scale rarely come to market, offering substantial long term upside.More details
This prime industrial land offers strategic location in a high exposure industrial hub w/ easy hwy access & close proximity to major transport routes.The expansive lot, 4.97 ac, is cleared & levelled, with partial tree line along the hwy frontage. Essential utilities in place, including 3-phase power to lot line, making this property ideal for a variety of industrial uses such as manufacturing, outdoor sales, & large-scale facilities development. The property boasts a clean ESA Phase 1 environmental assessment, ensuring safe & compliant foundation for purchase and/or development. Located in a rapidly growing area, this land presents significant growth potential in the ever growing industrial sector. Its generous size, great exposure & advantageous location Mid-Island enhances its desirability for businesses looking to optimize their supply chain and distribution networks. Secure this exceptional piece of land and capitalize on the opportunities it offers for your business expansion.More details
Listed by Macdonald Realty (Pkvl) and Macdonald Commercial Real Estate Services Ltd.
2 Acres of Commercial property zoned for A-1.17 and C-3, allowing for a variety of uses. Currently occupied by Arrowsmith Moving & Storage Ltd. This unique property has a 17,954 sq. ft. building consisting of a large warehouse with attached offices. There is a separate building consisting of mini storage facilities. This spacious lot allows for ample room to grow. The location on the edge of Parksville would be very attractive to any investor wanting to take advantage of the growing population within walking distance to this property. The current owner is willing to move or stay, offering favourable lease terms and a cap rate of 5.5% to the new owner.More details
ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.More details
The business is expected to net in excess of $500,000/yr. An NDA is required to view financials. Custom manufacturer of saunas, sleeping barrels, yurts, pools, hot tubs and High-R-Log lightweight insulated structural buildings. Unique products designed to be eco-friendly, Canadian made. Can be easily shipped and built in remote locations. All Cedar construction using cutting edge technology, for innovative insulted log construction. The zone is R2.8 with excellent highway & commercial frontage, and contains 3 residential rentals 3 shop spaces and a showroom on 1.78 acres. Including a 1533 sqft rancher with new windows, recent roof, new flooring & paint throughout. On the front of the property is a 1546 sqft retail/showroom space. On the rear of the property there is an up/down duplex featuring 2 bedrooms + den and a 1 bdrm suite above. The 3 shop spaces total 2922 square feet of rentable space. Most can be connected or divided for further income. Website - https://www.oneofakindcw.comMore details