High Profile Commercial Centre
FOR SALE > RETAIL/OFFICE PLAZA
High Profile Commercial Centre 850 & 870 13TH AVENUE, CAMPBELL RIVER, BC
Opportunity Colliers International is pleased to present for sale an 18,552 square foot Commercial Plaza on a 1.3 acre land site. This is a good location with excellent exposure in a highly developed commercial enclave in downtown Campbell River and in immediate proximity to other national tenants and major commercial centres, and a new supportive living housing development. The property includes multiple office and retail tenants located in two separate stand-alone buildings. C-1 commercial zoning allows for a wide range of uses. Stabilized net income shows potential for an above 7% return.
Potential Net Income Approximately $155,000 per annum. Contact Listing Agent for further details.
JASON WINTON 250 740 1060 Ext. 2 [email protected]
BRAD BAILEY 250 740 1060 Ext. 1 [email protected]
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 250 740 1060 www.collierscanada.com/nanaimo
FOR SALE > HIGH PROFILE COMMERCIAL CENTRE
850 & 870 13th Avenue, Campbell River, BC Location
16TH AVE
CAMPBELL RIVER COMMON
IRONWOOD ST
Improvements
14TH AVE
13TH AVE
Improvements consist of two single-story buildings of 10,508 SF, and 8,044 SF respectively. The Plaza features extensive parking lots and easy through access points. Recent upgrades include new roof and HVAC units. A 25 foot pylon sign provides for excellent signage opportunities in addition to storefront signage, and excellent local transportation route exposure.
Tenancies
Contact Us
Two occupied units and one newly vacant unit.
Zoning C1 - Commercial One zone. This zone provides for a full range of commercial services and uses as well as high density residential uses in the primary commercial designation for the downtown area. Permitted uses include but are not limited to: hotel/motel; restaurant; retail; office; bank; personal service; health services; medical clinic; library; community hall; veterinary; vehicle rental; gas bar; etc.
JASON WINTON 250 740 1060 EXT. 2 [email protected] BRAD BAILEY 250 740 1060 EXT. 1
Property Taxes (2016)
[email protected]
$24,963.05
Assessed Value (2017)
Purchase Price
Land: Building: Total:
One Million, Seven Hundred Ninety Thousand Dollars ($1,790,000.00)
$462,000 $740,000 $1,202,000
GREENWOOD ST
The City of Campbell River is located just an hour and a half north of the City of Nanaimo and less than 30 minutes away from the City of Courtenay in mid Vancouver Island. The property fronts both 13th and 14th Avenue within Campbell River’s downtown business/retail core. Located between two major commercial centres, the Plaza is just east of Campbell River Common ( Anchors: Thrifty Foods, Dollarama) and to the west of Mariners Square (Anchors: Save On Foods, London Drugs).
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 250 740 1060 www.collierscanada.com/nanaimo
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).
High Profile Commercial Centre 850 & 870 13TH AVENUE, CAMPBELL RIVER, BC
Opportunity Colliers International is pleased to present for sale an 18,552 square foot Commercial Plaza on a 1.3 acre land site. This is a good location with excellent exposure in a highly developed commercial enclave in downtown Campbell River and in immediate proximity to other national tenants and major commercial centres, and a new supportive living housing development. The property includes multiple office and retail tenants located in two separate stand-alone buildings. C-1 commercial zoning allows for a wide range of uses. Stabilized net income shows potential for an above 7% return.
Potential Net Income Approximately $155,000 per annum. Contact Listing Agent for further details.
JASON WINTON 250 740 1060 Ext. 2 [email protected]
BRAD BAILEY 250 740 1060 Ext. 1 [email protected]
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 250 740 1060 www.collierscanada.com/nanaimo
FOR SALE > HIGH PROFILE COMMERCIAL CENTRE
850 & 870 13th Avenue, Campbell River, BC Location
16TH AVE
CAMPBELL RIVER COMMON
IRONWOOD ST
Improvements
14TH AVE
13TH AVE
Improvements consist of two single-story buildings of 10,508 SF, and 8,044 SF respectively. The Plaza features extensive parking lots and easy through access points. Recent upgrades include new roof and HVAC units. A 25 foot pylon sign provides for excellent signage opportunities in addition to storefront signage, and excellent local transportation route exposure.
Tenancies
Contact Us
Two occupied units and one newly vacant unit.
Zoning C1 - Commercial One zone. This zone provides for a full range of commercial services and uses as well as high density residential uses in the primary commercial designation for the downtown area. Permitted uses include but are not limited to: hotel/motel; restaurant; retail; office; bank; personal service; health services; medical clinic; library; community hall; veterinary; vehicle rental; gas bar; etc.
JASON WINTON 250 740 1060 EXT. 2 [email protected] BRAD BAILEY 250 740 1060 EXT. 1
Property Taxes (2016)
[email protected]
$24,963.05
Assessed Value (2017)
Purchase Price
Land: Building: Total:
One Million, Seven Hundred Ninety Thousand Dollars ($1,790,000.00)
$462,000 $740,000 $1,202,000
GREENWOOD ST
The City of Campbell River is located just an hour and a half north of the City of Nanaimo and less than 30 minutes away from the City of Courtenay in mid Vancouver Island. The property fronts both 13th and 14th Avenue within Campbell River’s downtown business/retail core. Located between two major commercial centres, the Plaza is just east of Campbell River Common ( Anchors: Thrifty Foods, Dollarama) and to the west of Mariners Square (Anchors: Save On Foods, London Drugs).
COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 250 740 1060 www.collierscanada.com/nanaimo
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).
