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512 5th St
CV Courtenay City Courtenay V9N 1K3

$699,900
Commercial Sale

Main Photo: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 1: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 2: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 3: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 4: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 5: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 6: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 7: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 8: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 9: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 10: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 11: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 12: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 13: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 14: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 15: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 16: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 17: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 18: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 19: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Photo 20: 512 5th St in Courtenay: CV Courtenay City Mixed Use for sale (Comox Valley)  : MLS®# 983314
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
983314
Discover this very unique 1000+ sqft gem in the heart of downtown Courtenay. Classic charm meets modern Convenience with a brand new roof, upgraded 200 amp electrical and four private parking spaces. The most central property in downtown Courtenay to have both a front and back yard, complete with 560 sqft frontdeck and 240 sqft of shed storage. Currently occupied month-to-month by a long term commercial tenant who is interested in a new multi-year lease. Secure a new lease or utilize the space yourself and capitalize on the prime 5th St. frontage foot traffic, or run your own business out front while leasing the office space in the back. Zoned C1, with both multi-family residential and commercial potential, this 5th Street property is a future development goldmine. Setbacks and zoning create the potential for a four storey building with commercial ground floor and residences above with unobstructed views of both glacier and ocean. Potential for 20000 sqft of commercial residential mix
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale of Assets, Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Courtenay City, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
6,098 sq. ft.
Taxes:
Building Features:
Shopping Nearby, Transit Nearby, Visual Exposure
Ceiling Heights:
Total Building Area:
1,042 sq. ft.
Leasable Area:
1,042 sq. ft.
Commercial Area:
Sewer:
Sewer Connected, Sewer To Lot
Fireplace:
No
Pending Date:
Sign: Allowed
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Courtenay
Legal Description:
Zoning:
C1
Units in Building:
Units in Community:
Lot Site Features:
Level
Parking Features:
On Site
Total Parking Spaces:
4
Total Units:
Date Listed:
Dec 20, 2024
Original Price:
699900.0
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Listed by Royal LePage-Comox Valley (CV)
Data was last updated January 2, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$817,450
Min list price:
$149,900
Max list price:
$6,900,000
Avg days on market:
110
Min days on market:
13
Max days on market:
351
These statistics are generated based on the current listing's property type and located in CV Courtenay City. Average values are derived using median calculations.
Dean Thompson
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.