Rarely does a property offer this level of flexibility in the heart of Chemainus. Situated on a prominent 10,931 SF C2-zoned corner site, this well-maintained 3,440 SF building combines immediate income with exceptional future potential. Currently configured with five functional occupancy areas, including a legal two-bedroom suite with ocean views leased at $1,400/month, a former café/commercial space, and three additional finished suites currently utilized by the owner. The balance of the property will be delivered vacant, offering exceptional flexibility for investors, entrepreneurs or owner-occupiers to reposition the asset, subject to their own due diligence. Just steps from Waterwheel Park, the Chemainus Theatre, marina, shopping and restaurants. Contact the listing agent for the complete information package.