PARKGATE
PARKGATE
191 JENSEN AVENUE EAST PARKSVILLE, BC
FOR SALE
ADAM FRIZZELL COMMERCIAL SALES & LEASING 604.640.5840 [email protected]
CUSHMAN & WAKEFIELD LTD.
Suite 700 - 700 W Georgia St PO Box 10023, Pacific Centre Vancouver, BC V7Y 1A1 604.683.3111 1.877.788.3111 www.cushmanwakefield.com
PARKGATE 191 Jensen Avenue East, Parksville, BC
FOR
SALE
LOCATION Parkgate is situated in Parksville, BC just across the street from The Parksville Civic Building which houses Parksville City Hall, The city Library and Vancouver Island University. Parksville is located on the east coast of Vancouver Island, 20 minutes north of Nanaimo, which offers regular ferry service via BC Ferries to West Vancouver and Tsawwassen. The area is very popular with tourists and has Canada’s mildest climate.
OPPORTUNITY To purchase a 100% leased, mixed-use commercial/residential building. The property is consistently full and easy to manage. The property has exposure to two streets and ample on-site parking.
PARKGATE Parkgate is a two-storey mixed-use residential/commercial building comprised of six (6) residential units (4 x 1BR + 2 x 2BR) and five (5) commercial retail units. Retail tenants are: Lawyer, Cafe, Teacher’s Association, Dog Grooming and Insurance. The building was constructed in approximately 1996.
LEGAL DESCRIPTION Lot 1, DL 13, Nanoose District, Plan VIP1157 PID: 023-052-333
TOTAL BUILDING AREA 8,707 sf
TOTAL LAND AREA 12,487 sf
CAP RATE 6%
PRICE $1,270,000
ADAM FRIZZELL COMMERCIAL SALES & LEASING 604.640.5840 [email protected] E.&O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. The depiction in the included photographs of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted by C&W or its client. 11/13 NO
191 JENSEN AVENUE EAST PARKSVILLE, BC
FOR SALE
ADAM FRIZZELL COMMERCIAL SALES & LEASING 604.640.5840 [email protected]
CUSHMAN & WAKEFIELD LTD.
Suite 700 - 700 W Georgia St PO Box 10023, Pacific Centre Vancouver, BC V7Y 1A1 604.683.3111 1.877.788.3111 www.cushmanwakefield.com
PARKGATE 191 Jensen Avenue East, Parksville, BC
FOR
SALE
LOCATION Parkgate is situated in Parksville, BC just across the street from The Parksville Civic Building which houses Parksville City Hall, The city Library and Vancouver Island University. Parksville is located on the east coast of Vancouver Island, 20 minutes north of Nanaimo, which offers regular ferry service via BC Ferries to West Vancouver and Tsawwassen. The area is very popular with tourists and has Canada’s mildest climate.
OPPORTUNITY To purchase a 100% leased, mixed-use commercial/residential building. The property is consistently full and easy to manage. The property has exposure to two streets and ample on-site parking.
PARKGATE Parkgate is a two-storey mixed-use residential/commercial building comprised of six (6) residential units (4 x 1BR + 2 x 2BR) and five (5) commercial retail units. Retail tenants are: Lawyer, Cafe, Teacher’s Association, Dog Grooming and Insurance. The building was constructed in approximately 1996.
LEGAL DESCRIPTION Lot 1, DL 13, Nanoose District, Plan VIP1157 PID: 023-052-333
TOTAL BUILDING AREA 8,707 sf
TOTAL LAND AREA 12,487 sf
CAP RATE 6%
PRICE $1,270,000
ADAM FRIZZELL COMMERCIAL SALES & LEASING 604.640.5840 [email protected] E.&O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield Ltd. The depiction in the included photographs of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted by C&W or its client. 11/13 NO
