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 January 14, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,478,000
Min list price:
$320,000
Max list price:
$3,999,900
Avg days on market:
95
Min days on market:
1
Max days on market:
306
These statistics are generated based on the current listing's property type and located in Campbell River. Average values are derived using median calculations.
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.