Fully restored commercial building located on a busy corner location along the historic 5th Street in downtown Courtenay. It's currently tenanted to businesses with long term leases producing a 5.5% cap rate. This building was completely renovated & brought to code in 2009 after it experienced fire damage. The list of updates includes 4 phase electrical, new roof, new siding & reinforced foundation. There is a main utility room & each tenant also has its own mechanical room with furnace, heat pump & panel. Invest in hip downtown Courtenay & realize the gains of its continued future growth.
Listed by RE/MAX Ocean Pacific Realty (CX).
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