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. (id:4069)
Address
920 Island Hwy S
List Price
$3,999,999
Property Type
Business
Transaction Type
Sale
Area
British Columbia
Sub-Area
Campbell River
Lot Size
0.86 Sq. Ft.
MLS® Number
1042676
Listing Brokerage
REMAX Ocean Pacific (CR)
Postal Code
V9W1B1
Zoning
C6
Ownership
Freehold
Parking Places (Total)
26
Property Management Company
Self Managed
Site Influences
View
Features
Other, Marine Oriented
Heat Source
Electric
Heat Type
Baseboard heaters
Cooling Features
None
Access To Property
Highway access
