Investor Alert! Time Square Plaza in Comox is a sought-after mixed-use development. Units 102 and 202 consist of an 1120 sqft main level commercial space plus an 1162 sqft 2-bedroom 2-bathroom condominium above. The condominium has in suite laundry as well as a balcony, and the commercial space offers a heat pump with air conditioning. Both floors/units are leased to a long-term tenant operating an Orthodontist practice. This development has been well maintained and offers an excellent location, good exposure, ample parking, and a 6.4% CAP rate.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
CV Comox (Town of), Comox Valley
Bathrooms:
-
(Full:-/Half:-)
Taxes:
$7,354.89 /
2024
Building Features:
High Traffic Area, Shopping Centre, Shopping Nearby
Construction:
Cement Fibre, Frame Wood, Insulation All
Number of Storeys:
2
Total Building Area:
2,281 sq. ft.212 m2
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Forced Air, Natural Gas
Fireplace:
No
Leasehold Improvements
Balcony/Patio
Main Level
Assessed:
708000.0
Assessment year:
2025
Jurisdiction name:
Town of Comox
Legal Description:
STRATA LOT 1, PLAN VIS4428, SECTION 65, COMOX LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE
Zoning:
C3.1
Units in Building:
4
Units in Community:
11
Occupancy:
Tenant
Lot Site Features:
Central Location, Easy Access, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk
Data was last updated July 20, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$3,699,500
Min list price:
$125,000
Max list price:
$17,900,000
Avg days on market:
293
Min days on market:
40
Max days on market:
375
These statistics are generated based on the current listing's property type
and located in
CV Comox (Town of). Average values are
derived using median calculations. This data is not produced by the MLS® system.