Stabilized Cap Rate of 8.5%. Clean Phase I environmental available. Estate Sale: The subject property is currently fully leased to a single tenant for a 3 year term expiring Dec. 2026. Improvements consist of a single story commercial building fronting Cliffe Avenue. The subject is of concrete block construction featuring a 100 amp electrical service panel, gas furnace, two-piece bathroom and storage area. Contact listing agent for further details.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
CV Courtenay West, Comox Valley
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
2,614.018 sq. ft.242.85 m2
Taxes:
$5,457.02 /
2023
Commercial Area:
Not Applicable
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
303000.0
Assessment year:
2024
Jurisdiction name:
City of Courtenay
Legal Description:
PARCEL B, PLAN VIP311, SECTION 61, COMOX LAND DISTRICT, DD 3039N OF LOT 24 & 25 SHOWN RED ON PL 16898F
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Listed by Colliers International (Nan)
Data was last updated October 5, 2024 at 07:30 AM (UTC)
Area Statistics
Listings on market:
53
Avg list price:
$985,000
Min list price:
$40,000
Max list price:
$21,950,000
Avg days on market:
103
Min days on market:
9
Max days on market:
550
These statistics are generated based on the current listing's property type
and located in
Comox Valley. Average values are
derived using median calculations.
