- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1002481
- Photos (9)
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Investor Alert! Commercial building in highly desirable area of downtown Campbell River. 940 Island Hwy has been well cared for by the original owner, offering over 4,000 sqft of leasable area, beautiful ocean views, and has an excellent stable tenant mix. Rarely do commercial properties like this become available. The exposure is fantastic, there is parking for 9 behind the building, a new 5-ton heat pump, resurfaced torch-on roof, and unobstructed ocean views. The CAP rate is est. 6.5%. Don’t miss out on this turn key property.
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building
- Lease Type:
- Sale Price
- Listing General Location:
- CR Campbell River Central, Campbell River
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 5,840 sq. ft.
- Taxes:
- $15,337.88 / 2024
- Building Features:
- High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
- Construction:
- Block, Frame Wood, Insulation All, Wood
- Foundation:
- Slab
- Number of Storeys:
- 2
- Floor finish:
- Mixed
- Total Building Area:
- 4,043 sq. ft.
- Commercial Area:
- Downtown
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Baseboard, Electric, Heat Pump, Natural Gas
- Fireplace:
- No
- Lighting, Sign: Allowed
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 718000.0
- Assessment year:
- 2025
- Jurisdiction name:
- City of Campbell River
- Legal Description:
- LOT 1, PLAN VIP21655, DISTRICT LOT 69, SAYWARD LAND DISTRICT
- Zoning:
- C-1
- Units in Community:
- 3
- Occupancy:
- Tenant
- Lot Site Features:
- Marina Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 9
- Road Surface Type:
- Paved
- Total Units:
- 3
- Date Listed:
- Jun 05, 2025
- Original Price:
- 1279000.0
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Data was last updated July 12, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $649,000
- Min list price:
- $250,000
- Max list price:
- $3,499,900
- Avg days on market:
- 113
- Min days on market:
- 33
- Max days on market:
- 317
These statistics are generated based on the current listing's property type
and located in
CR Campbell River Central. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Christiaan Horsfall
- RE/MAX Ocean Pacific Realty (CX)
- 250-702-7150
- Contact by Email
- Erin Easy, REALTOR
- RE/MAX Ocean Pacific Realty (CX)
- 250-898-4792
- Contact by Email
RE/MAX Ocean Pacific Realty