Strata Office at Seaview Centre

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COURT-ORDERED SALE > INVESTMENT/CONVERSION POTENTIAL

Strata Office at Seaview Centre 198 ISLAND HIGHWAY EAST, PARKSVILLE, BC

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COURT-ORDERED SALE > INVESTMENT/CONVERSION POTENTIAL

Strata Office at Seaview Centre 198 ISLAND HIGHWAY EAST, PARKSVILLE, BC

The Opportunity

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Seaview Centre is an attractive, 3 storey building offering modern strata office space for sale packaged in a unique architecturally designed façade. The proximity of the property to Parksville’s beaches and downtown core provides an excellent location employees and professional office uses. Two of the units are currently tenanted and could be purchased as an investment providing stable cash flow.

BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected] JASON WINTON +1 250 740 1060 Ext. 2 [email protected]

Location

BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected]

The property is located at 198 Island Highway East, in the heart of Parksville, directly across the Island Highway from Parksville community Waterfront Park, and three blocks from the Beach Club development. Located at the prominent corner of the Island Highway and Weld Street, the building has direct access to the Island Highway, Parksville’s main transportation corridor.

Zoning

Adjacent to the site and in immediate proximity to Seaview Centre is Parksville Plaza retail centre tenanted by Dairy Queen, Shoppers Drug Mart and a number of other retail and office uses.

C-3 Downtown Commercial. The zoning bylaw permits residential uses on the upper levels and the potential exists to change the current use to residential from office.

Unit # 211 212 218 219 220 221 322

List Price $65,000 $50,000 $75,000 $143,000 $60,000 $59,000 $60,000

Size (SF) 631 490 816 1,532 621 620 634

Assessed Value (2014) $88,200 $68,500 $114,200 $167,600 $80,600 $80,500 $88,800

Property Taxes (2014) $1,884.51 $1,413.05 $2,506.75 $3,784.75 $1,702.65 $1,700.23 $1,898.88

Features >>

Excellent downtown Parksville location

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Attractive building design with modern construction

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Immediate proximity to the ocean, parks, and a variety of downtown amenities

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Surrounded by complementary commercial and professional services

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48 parking stalls

Colliers International 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 MAIN: +1 250 740 1060 FAX: +1 250 740 1067 www.collierscanada.com/nanaimo

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