1940 Island Hwy
CR Campbellton Campbell River V9W 2G2

$999,900
Commercial Sale

Main Photo: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 1: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 2: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 3: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 4: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 5: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 6: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 7: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 8: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Photo 9: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
983875
Fully leased mixed commercial and residential building in an excellent high visibility location. Commercial level has 12' high overhead doors-two in the front of the building and one in the alleyway, a washroom, one hoist, shop has 200 amp power. Upstairs is a tenanted 4 bedroom apartment with some new flooring, new washing machine and an excellent tenant. Both units on separate hydro meters. Good, carefree cash flow to step in and own, generating $60,500 gross per year.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
CR Campbellton, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
4,487 sq. ft.
Taxes:
$9,770 / 2024
Building Features:
Indoor Parking, Security System, Shopping Nearby, Transit Nearby, Visual Exposure, Workshop
Construction:
Block, Frame Wood
Total Building Area:
4,374 sq. ft.
Commercial Area:
Downtown
Sewer:
Sewer Connected
Heating:
Baseboard, Electric, Natural Gas, Radiant Ceiling
Fireplace:
No
Security System, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Assessed:
621900.0
Assessment year:
2024
Jurisdiction name:
City of Campbell River
Legal Description:
LOT 5, BLOCK 5, PLAN VIP2874, DISTRICT LOT 66, SAYWARD LAND DISTRICT, EXC N 10 FT
Zoning:
C-4
Occupancy:
Tenant
Lot Site Features:
Level
Parking Features:
On Site
Total Units:
2
Date Listed:
Jan 07, 2025
Original Price:
999900.0
  • Photo 1: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
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  • Photo 2: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
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  • Photo 3: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
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  • Photo 4: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
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  • Photo 5: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
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  • Photo 6: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
    Upper apartment
  • Photo 7: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
    Upper apartment
  • Photo 8: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
    Upper apartment
  • Photo 9: 1940 Island Hwy in Campbell River: CR Campbellton Industrial for sale : MLS®# 983875
    Upper apartment
Data was last updated July 13, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$890,000
Min list price:
$39,900
Max list price:
$3,499,900
Avg days on market:
107
Min days on market:
9
Max days on market:
318
These statistics are generated based on the current listing's property type and located in Campbell River. Average values are derived using median calculations. This data is not produced by the MLS® system.
Candice Svrta
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.