250-751-0804

485 5th Street, Courtenay City, Comox Valley (431016)

485 5th Street, Courtenay City, Comox Valley

485 5th Street Courtenay City, Comox Valley

4,152 sqft  | $1,200,000

485 5th Street, Courtenay City, Comox Valley

4,152 sqft  | $1,200,000

About This Other

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).

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Jahelka Real Estate Group for your convenience.

Disclaimer: This representation is based in whole or in part on data generated by the VIREB Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

 
  • MLS® : 431016
  • Type : Other
  • Square Feet : 4,152 sqft
  • Year Built : 2018

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