1241 Ironwood St, Campbell River, British Columbia

$4,599,900

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2.09

Acres

About 1241 Ironwood St

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. (id:36535)

Features of 1241 Ironwood St

Listing # 1024110
Price $4,599,900
Bathrooms 0.00
Acres 2.09
Type Other
Sub-Type Freehold

Community Information

Address 1241 Ironwood St
Subdivision Campbell River Central
City Campbell River
Province British Columbia
Postal Code V9W5T4

Amenities

Features Central location, Other, Rectangular
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Royal LePage-Comox Valley (CV)

Listing Map