Opportunity to purchase a, 2024-built, four-storey rental building in Downtown Courtenay. The building is comprised of 39 residential rental units and 4 ground floor commercial units. Parking is provided with 26 total underground parking stalls. 22 regular, 1 accessible, 3 small. 4 ground level stalls, including 2 x electric vehicle stations. 2 are assumed for commercial use. The exterior is designed and insulated to meet Step 3 of the B.C. building energy code. The property sits on a 13,455 square foot corner lot. The property qualifies for the Courtenay Property Tax Exemption, saving approximately $89,700 annually
Address
397 5th St
List Price
$24,000,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Area
Comox Valley
Sub-Area
CV Courtenay City
Lot Size
13455 Sq. Ft.
Lot Size (Acres)
0.31 Ac.
MLS® Number
986348
Listing Brokerage
Macdonald Commercial Real Estate Services Ltd
Postal Code
V9N 1J9
Tax Amount
$100,000.00
Tax Year
2023
Features
Baseboard, Carpet, Electric, Heat Pump, Vinyl
Amenities
Balcony, Balcony/Deck, Balcony/Patio