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17 425 STANFORD E AVE in PARKSVILLE: Z5 Parksville Building Only for sale (Zone 5 - Parksville/Qualicum) : MLS® # 416756

17 425 STANFORD E AVE PARKSVILLE V9P 2N4 : Z5 Parksville

Main Photo: 17 425 STANFORD E AVE in PARKSVILLE: Z5 Parksville Building Only for sale (Zone 5 - Parksville/Qualicum)  : MLS® # 416756banner
$240,000
Prop. Type:
Building Only
MLS® Num:
416756
Status:
Sold
Bus Major:
Commercial
Looking for a commercial investment opportunity with strong tenant in place? This commercial strata unit is conveniently located on Stanford Avenue E. in Parksville - just blocks from downtown & 1 block off of Highway 19A. Zoned CS-E allows for a variety of uses. Lower level of 1116 sq ft is set up with a front reception/display/retail area, kitchen area, washroom and a 20'4" x 23 bay access by an 8' overhead door at the rear of the building. The 782 square foot upper floor contains 3 or 4 offices and a meeting room. Climate controlled by large H VAC installed in 2009. Current lease is until November 2017 with renewal options. Annual lease is $14,960 per year + Additional Rent and currently yields a return of 6% with room for improvement in the future. Call today for additional information.
Price:
$240,000
Business (Major):
Commercial
Property Type:
Building Only
MLS® Num:
416756
Status:
Sold
Listing information last updated on Nov 26, 2016 3:00 PM

 

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TeamW-RE/MAX First Realty
#101-897 WEST ISLAND HIGHWAY PARKSVILLE
Parksville, BC
V9P 2E9 CA