Property Details

Address

856 Allsbrook Rd, Errington, BC

Price

$3,500,000

Property Description

2 Acres of Commercial property zoned for A-1.17 and C-3, allowing for a variety of uses. Currently occupied by Arrowsmith Moving & Storage Ltd. This unique property has a 17,954 sq. ft. building consisting of a large warehouse with attached offices. There is a separate building consisting of mini storage facilities. This spacious lot allows for ample room to grow. The location on the edge of Parksville would be very attractive to any investor wanting to take advantage of the growing population within walking distance to this property. The current owner is willing to move or stay, offering favourable lease terms and a cap rate of 5.5% to the new owner.