585 England Ave, Courtenay, British Columbia

$3,600,000

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0.19

Acres

About 585 England Ave

NET/NET/NET AAA BMO BANK TENANTED INVESTMENT OPPORTUNITY. The property consists of a well-maintained 5,885-square-foot single-storey commercial building situated on an approximately 8,277-square-foot (0.19-acre) corner site. Originally constructed in 1956 and extensively renovated in 1993 and 2005, the building has been purpose-built and occupied as a financial institution. Its strategic corner position provides approximately 172 feet of combined frontage, including approximately 52 feet along England Avenue and 120 feet along 6th Street, creating exceptional exposure to both vehicular and pedestrian traffic. The property is further enhanced by adjacent accessibility from surrounding commercial districts. The building is fully occupied by Bank of Montreal (BMO) under a carefree, fully net lease structure, providing ownership with minimal management responsibilities and predictable income (id:36535)

Features of 585 England Ave

Listing # 1050139
Price $3,600,000
Bathrooms 0.00
Acres 0.19
Year Built 1956
Type Retail
Sub-Type Freehold

Community Information

Address 585 England Ave
Subdivision Courtenay City
City Courtenay
Province British Columbia
Postal Code V9N2N2

Amenities

Features Central location, Corner Site, Other
Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling Fully air conditioned
Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Royal LePage Sussex

Listing Map