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Featured exterior photo of 1241 Ironwood St, Campbell River, BC
112 days on market
Commercial Sale
1241 Ironwood St, Campbell River, BC
$4,599,900
1241 Ironwood St, Campbell River, BC
Commercial Sale · Mixed Use · Campbell River, BC
$4,599,900 MLS® 1024110
2.09Acres

Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades.

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Property Location
1241 Ironwood St, Campbell River, BC
Listed by Royal LePage-Comox Valley (CV)

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