Address
585 England Ave, Courtenay, BC
Price
$ 3,600,000
Property Attributes
- MLS#1050139
- TypeCommercial
- Listing Status Active
- CityCourtenay
- AreaComox Valley
- NeighbourhoodCV Courtenay City
- Postal CodeV9N 2N2
- StyleRetail
- Year Built1956
- Taxes$ 44011
- Price$ 3,600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5885
- Lot Size0.19 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description
NET/NET/NET AAA BMO BANK TENANTED INVESTMENT OPPORTUNITY. The property consists of a well-maintained 5,885-square-foot single-storey commercial building situated on an approximately 8,277-square-foot (0.19-acre) corner site. Originally constructed in 1956 and extensively renovated in 1993 and 2005, the building has been purpose-built and occupied as a financial institution. Its strategic corner position provides approximately 172 feet of combined frontage, including approximately 52 feet along England Avenue and 120 feet along 6th Street, creating exceptional exposure to both vehicular and pedestrian traffic. The property is further enhanced by adjacent accessibility from surrounding commercial districts. The building is fully occupied by Bank of Montreal (BMO) under a carefree, fully net lease structure, providing ownership with minimal management responsibilities and predictable income
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Baseboard |
| Cooling | HVAC |
| Zoning | C1 |
| Property Subtype | Retail |
| Property Type | Commercial Sale |
| Parking Total | 6 |
| Construction Materials | Block,Frame Metal,Frame Wood,Stucco |
| Commercial Area | Not Applicable |
| Commercial Listing Type | Building,Land |
Interior Features
| Total Units | 1 |
|---|
Exterior Features
| Building Features | Kitchen/Staff Room,Security System |
|---|---|
| Exterior Features | Security System |
| Lot Features | Central Location,Corner,Easy Access,Recreation Nearby,Shopping Nearby,Sidewalk |
| Water Source | Municipal |
| Foundation | Block |
| Building Area Total | 5885.00 |
| Lot Size Square Feet | 8276.40 |
| Lot Size Acres | 0.19 |
| Parking Onsite YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in V9N 2N2
Price
Taxes
Year Built
In The Neighbourhood
Water Views
Courtenay
$ 4,500,000
- Type
- Commercial
- Size
- 17,173 SqFt
Royal LePage Coast Capital Realty
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