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.
Address
3117 Van Horne Rd
List Price
$3,099,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Transaction Type
Sale
Area
Parksville/Qualicum
Sub-Area
PQ Errington/Coombs/Hilliers
Lot Size
57499.2 Ac.
Lot Size (Acres)
1.32 Ac.
MLS® Number
1025489
Listing Brokerage
Royal LePage Nanaimo Realty (NanIsHwyN)
Postal Code
V9K 2L2
Tax Amount
$9,434.00
Tax Year
2024
