$649,000 Canadian Commercial Retail and Office Building
This attractive 12-year-old two-storey retail and office complex building is conveniently situated in the downtown core of Campbell River, within blocks of all professional services and adjacent to the newly constructed Mariner's Square Plaza. The newly renovated Campbell River Commons shopping complex and the Ironwood Place assisted living facility is within 3 blocks as well as a newly constructed extended care facility.
	This offering includes a 56% interest in a strata title complex - 2600 sqft on the main floor and 2840 sqft on the second level. The area is currently finished to function as a dance studio and includes two large studio rooms, a retail section, storage, staff room, men's and women's change and washrooms plus two classrooms. This space is currently leased until September 2010 with gross revenue of $4500 per month. Zoning is C-1, which allows a multitude of permitted uses. The building is in excellent shape. This is a great opportunity to own a low maintenance carefree commercial revenue property.
Campbell River is one of the most beautiful communities on Vancouver Island. The location and amenities offer a fantastic lifestyle for growing families as well as the baby boomer & retirement community. The City of Campbell River has experienced strong, steady diversified growth for a number of years as a result of everything it has to offer. This includes the migration of a number of substantial, multi-national retailers to the city who have recently developed and established new locations in the community and more are on the way.
Zoning: C1 City of Campbell River