869 Alder St, Campbell River, British Columbia

$1,749,000

Previous Next

0.39

Acres

About 869 Alder St

Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:36535)

Features of 869 Alder St

Listing # 1040054
Price $1,749,000
Bathrooms 0.00
Acres 0.39
Year Built 1979
Type Multi-family
Sub-Type Freehold

Community Information

Address 869 Alder St
Subdivision Campbell River Central
City Campbell River
Province British Columbia
Postal Code V9W2P4

Amenities

Features Central location, Sloping, See remarks, Other
View City view, Ocean view
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Sutton Group-West Coast Realty

Listing Map