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464 Island Hwy E Parksville, BC V9P 2H4
1.21 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1011373
Rental Info Unrestricted
Annual Tax Amount $39,536
Tax Year 2024
Lot Size 1.210 Acres
Acres 1.21
Property Sub-Type Other
Property Description
Very rare investment opportunity at a 6.9% cap rate! This fantastic property is located on a high-exposure 1.21 acre lot in the heart of Parksville, and features three solid cinder block buildings with a total of 16,548 square feet. This well-maintained complex offers a strong foundation for a wide range of business ventures. Currently 100% occupied, the property provides immediate income potential with the security of established tenants with solid leases in place. With its generous lot size and multiple buildings, this site offers both flexibility and long-term investment value in a thriving commercial location. Opportunities like this don't come along often, so don't hesitate and secure this proven income-generating property today.
Location
Province BC
County Parksville, City Of
Area Pq Parksville
Exterior
Parking On Site 1
Others
Pets Allowed Yes
Tax ID 001-112-465
Ownership Freehold
Listed by Royal LePage Parksville-Qualicum Beach Realty (PK)