Water Views
5575 Island Hwy S Union Bay, BC
$ 698,000
Property Attributes
  • MLS#883274
  • TypeCommercial
  • CityUnion Bay
  • AreaComox Valley
  • NeighbourhoodCV Union Bay-Fanny Bay
  • Postal CodeV9K 2E7
  • Style
  • Taxes$ 3042
  • Price$ 698,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage868
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Royal LePage Parksville-Qualicum Beach Realty (PBO)
Data Source:
Canada - Vancouver Island Real Estate Board (VIREB) - 445 - CAN
Property Description

INVESTMENT DEVELOPMENT OPPORTUNITY in the heart of the QUICKLY GROWING seaside community of Union Bay. Unique Development potential with commercial/residential C1 zoning. Build a multi-income stream commercial/residential building (see attached Concept Drawing) with condos above retail space that unparalled panoramic ocean views of Baynes Sound, or renovate and use as-is as a single family 2 bed/2 bath income dwelling, with the potential to lock off as two suites. Great income generator.Zoning allows for:restaurants, coffee shop Art Gallery,B & B, tourist accommodation, retail, offices,residential, secondary suites… Be on the forefront of creating retail space for the up and coming 789 acre new Union Bay Estates Development. Ideal location, Convenient highway frontage/access. Great visibility. High retail/tourist traffic area. Denman & Hornby ferry just down the road, 15 minutes to Courtenay, 1/2 hour to Comox airport. Live the lifestyle while earning a livelihood!! Not bad!

General Features

Commercial Area Downtown
Commercial Listing Type Building, Land
Construction Materials Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood, Other
Flooring Mixed
Heating Baseboard, Electric
Parking Total 4
Property SubType Other
Property Type Commercial Sale
View Mountain(s), Ocean
Zoning C-1

Exterior Features

Building Area Total 868.00
Building Features High Traffic Area
Exterior Features Fencing: Full, Low Maintenance Yard
Foundation Poured Concrete
Lot Size Acres 0.10
Lot Size Square Feet 4356.00
Parking Onsite Yn Yes
View Yn Yes


  • 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 V9K 2E7

AVG $700K
AVG $3,042
AVG 55
AVG 21
Data Provided by Walkscore ® not using MLS data

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