$829,000

Commercial For Sale In Comox, British Columbia

$829,000

Property Information:

Investor Alert! Time Square Plaza in Comox is a sought-after mixed-use development. Units 102 and 202 consist of an 1120 sqft main level commercial space plus an 1162 sqft 2-bedroom 2-bathroom condominium above. The condominium has in suite laundry as well as a balcony, and the commercial space offers a heat pump with air conditioning. Both floors/units are leased to a long-term tenant operating an Orthodontist practice. This development has been well maintained and offers an excellent location, good exposure, ample parking, and a 5.6% CAP rate.

Inclusions: Leasehold Improvements

Property Features:

  • Annual Tax Amount: $7,929
  • Building Features: High Traffic Area, Shopping Centre, Shopping Nearby
  • Business Type: Health Services
  • Construction Materials: Cement Fibre, Frame Wood, Insulation All
  • Cooling: Air Conditioning
  • Exterior Features: Balcony/Patio
  • Floor Space (approx): 2281 Square Feet
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Inclusions: Leasehold Improvements
  • Lot Features: Central Location, Easy Access, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk
  • Ownership: Freehold/Strata
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: C3.1
  • Sewer:

Courtesy of: RE/MAX Ocean Pacific Realty (CX)

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