Property Details

Address

674 MEMORIAL Ave, Qualicum Beach, BC

Price

$2,700,000

Property Description

Investors Alert! 2 buildings in the heart of downtown Qualicum Beach offering an attractive cap rate. This rare opportunity offers up stable income from established businesses in one of Vancouver Island’s most desirable destination markets. The main building new in 2006 and features four separately hydro-metered commercial strata units with a rear loading dock, providing diversified income and reduced landlord costs. The second building is 1957 & is a single-tenant bookstore adding further stability. Zoned commercial and fully conforming, the property is anchored by strong tenants including a gift boutique, pet supply retailer, beauty salon, and electronics store. Dual access from Memorial Avenue and Fir Street provides excellent visibility and sales convenience. Located in a high-traffic tourist corridor with strong walk-by exposure, this is a turnkey investment with proven performance and long-term upside. All data and measurements are approximate and should be verified if important.