6001/6010 Island W Hwy, Qualicum Beach, BC V9K 2E1

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Courtesy of REMAX Professionals (NA)

List Price
$4,999,900
Status
ACTIVE
MLS®
1049440
Property Type
Commercial
Acres
3.09
Lot Size
134,600
District
Qualicum Beach
Neighbourhood
Pq Qualicum Beach

Property Description

An exceptional commercial investment in Qualicum Beach, on central Vancouver Island. Located in Qualicum Bay, the offering comprises two freehold parcels totalling approximately 3.09 acres, including a waterfront portion with about 155 feet of walk on frontage on the bay. This established mixed use property carries 24 income units across diversified revenue: motel style accommodation, twelve RV pads, self contained suites, a mobile home, a 2010 rancher, suites above garage bays, and a waterfront vendor site home to a popular food business. Zoned C1.6 under RDN Bylaw 2500, the property delivers proven income today at an approximate 8.1% capitalization rate, with unused density and repositioning upside. It sits in a sought after coastal corridor known for boating, fishing, and beachfront living. Operate as a single asset or reposition in stages. Full financial package will be available to qualified buyers. Zoning and permitted uses to be confirmed by the buyer.

Additional Information

Lot Features
Acreage, Cleared
Parking Type
On Site
Taxes
$8,548
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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