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MLS® 1033662

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $14,416
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 1033662

Property Address: 435 5th St, Courtenay, BC, V9N1J7

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in the heart of Downtown Courtenay. This well maintained 3, 300+ sq ft commercial building offers three established tenants generating $51, 240 annually plus NNN. Triple net leases provide investors with predictable income as tenants cover taxes, insurance, and maintenance, a huge advantage when comparing this investment to residential rentals where unexpected costs can quickly reduce returns. Two tenants have operated here for over 20 years, offering exceptional long term stability. The newest tenant secured their space after competing in a multiple offer to lease this highly sought after storefront location. Surrounded by high traffic businesses like Bigfoot Donuts, Hot Chocolates, and Scotia Bank, the property benefits from excellent exposure, nearby parking, two private parking stalls, individual heat pumps for each unit, and built in lease increases for reliable future growth and long term security.Show Description
MLS® Number1033662
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
435 5Th St, Courtenay, BC

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