869 Alder Street, Campbell River, British Columbia, V9W2P4



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$1,749,000
Campbell River
This multi-family property in Campbell River is for sale offering roughly 5,360 sq ft of space.
Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 145 days on market, against an average age of 106 days across the listings currently for sale in this city
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