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1241 Ironwood St, Campbell River BC V9W 5T4
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$4,599,900

1241 Ironwood St, Campbell River BC V9W 5T4, Campbell River

Type
Mixed Use
MLS® Number
1024110

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.

Listed by Royal LePage-Comox Valley (CV)

Listing data via VIVA, the MLS® System of the Victoria and Vancouver Island Real Estate Boards; courtesy of Royal LePage-Comox Valley (CV).

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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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. VREB IDX Reciprocity Program

Allie Hampton

Allie Hampton · Realtor® | BRIX Real Estate Group | Real Broker BC Ltd. · License #191385

(236) 969-2366 · allie@alliehampton.com