920 Island Highway South, Campbell River - Business for Sale
920 Island Highway South, Campbell River, British Columbia, V9W1B1
This business in Campbell River is for sale offering roughly 10,300 sq ft of space.
Description
Rare investment opportunity in one of Vancouver Island's most desirable coastal communities. This 25-unit, tow-storey motel offers steady month-to-month rental income and an exceptional semi-waterfront location with unobstructed ocean views. Situated on a generous 0.86-acre parcel, the property features a spacious manager's suite, ample on-site parking, a convenient coin-operated laundry facility, and strong long-term income potential. Ideally positioned directly across from Campbell River's renowned Seawalk, guests and tenants enjoy easy access to the waterfront, beaches, marina and boat launch, fishing, parks, restaurants, cafes, shopping, and countless outdoor recreation opportunities. With its high-visibility location, established occupancy, and future upside in a thriving coastal destination, this is an outstanding opportunity for investors seeking a well-located income-producing property with excellent long-term potential. (id:66096)
Property Details
- MLS®
- 1042676
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- Unknown
- Parking
- 26
- Interior Size
- 10,300 ft²
- Lot Size
- 37,462 sq ft (0.86 ac)
- Building Area
- 10,300 ft²
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Ownership
- Freehold
- Property Tax
- $27,424/yr
- Listed
- 117 days ago
Features
- Lot Features
- Other, Marine Oriented
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 117 days on market, against an average age of 106 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$3,999,999
Campbell River