RARE RESORT investment opportunity on 4.96 acres in sought after Qualicum Beach with opportunity to SUBSTANTIALLY INCREASE REVENUE. Zoned C4 Commercial, permitted use is entertainment centre; tourist & convenience store; tourist accommodation; pub; outdoor recreation; & restaurant. OCP designation is Tourist Commercial providing for camp grounds, cabins, cottages, hotel, motel, restaurant, pub, resort, store, gas station, gift shop, entertainment centre, & BnB. Recognised as Lost Lodge Resort, the property currently has 14 existing mostly occupied recreation sites, lodge and motel with guaranteed annual income providing for a secure, low maintenance investment with substantial water & gently used large septic system. There are 18 additional NEWLY created RV sites prepped with hydro, 30 amp cable & water at lots with septic & electricity requiring installation for turn key RV occupancy. The new sites should generate substantial revenue when completed and occupied. NDA required for info.More details
Listed by Macdonald Commercial Real Estate Services Ltd.
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
Prime light industrial location in downtown Qualicum Beach. Originally built for specialty autobody use. First time on market. This 4704 square foot building is designed for a wide range of usage. The fenced compound offers many options for additional development. This area is in transition with the highly successful East Village development located one block away.
The strategic value in this property not only relates to existing light industrial usage in the present but also the potential of transitional value in the future. From retail/light industrial to repair/manufacturing to mini and RV storage options. Time to re-position an existing business or create a new opportunity here in Qualicum Beach.More details
Listed by REMAX Professionals and REMAX Professionals (NA)
Qualicum Beach Investment Opportunity! Location is second to none, with two commercial units on Memorial Ave and two residential units above. Renovated upper units in 2010. Keep as investment or redevelop. All new hot water tanks, fully leased.More details