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Commercial Sale

$3,099,000
3117 Van Horne Rd, Hilliers, BC

Address

3117 Van Horne Rd, Hilliers, BC

Price

$3,099,000

Property Description

ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1025489
Property Type: Commercial Sale
Property Subtype: Mixed Use
Status: Active
Lot Size: 1.32 acres
Area: Parksville/Qualicum - PQ Errington/Coombs/Hilliers
Annual Tax: $9,434 (2024)
Days on Market: 74 days

Additional Property Details

Building Type: Commercial Mix

Parking & Land Details

Land Size: 1.32 ac
Land Access: Road access
Acreage: true

Landscape & Property Information

Irregular Land Size: 1.32
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1025489

Property Location

3117 Van Horne Rd, Hilliers, BC

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

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