920 Island S Hwy, Campbell River, BC V9W 1B1

$3,999,999

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Courtesy of REMAX Ocean Pacific (CR)

List Price
$3,999,999
Status
ACTIVE
MLS®
1042676
Property Type
Commercial
Acres
0.86
Lot Size
37,461
District
Campbell River
Neighbourhood
Cr Campbell River Central

Property Description

Rare investment opportunity in one of Vancouver Island's most desirable coastal communities. This 25-unit, tow-storey motel offers steady month-to-month rental income and an exceptional semi-waterfront location with unobstructed ocean views. Situated on a generous 0.86-acre parcel, the property features a spacious manager's suite, ample on-site parking, a convenient coin-operated laundry facility, and strong long-term income potential. Ideally positioned directly across from Campbell River's renowned Seawalk, guests and tenants enjoy easy access to the waterfront, beaches, marina and boat launch, fishing, parks, restaurants, cafes, shopping, and countless outdoor recreation opportunities. With its high-visibility location, established occupancy, and future upside in a thriving coastal destination, this is an outstanding opportunity for investors seeking a well-located income-producing property with excellent long-term potential.

Additional Information

Lot Features
Easy Access, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby
Heating
Baseboard, Electric
Flooring
Mixed
Parking Spaces
26
Parking Type
On Site
Taxes
$27,424
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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