1241 Ironwood St
Offered at: $4,599,900
MLS®: 1024110
Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades.
Quick Stats
Key Home Data
0
BATH(S)
BED(S)
Contact for
SQFT
YES
SHOWING AVAILABLE
Property Type:
Commercial Sale Home Ownership:
Freehold
Payment Calculator
Calculate your monthly mortgage payment.
Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...
All About the Details
See specific details below.
Neighbourhood Statistics
Get to know your neighbourhood.