920 Island Hwy S
Campbell River, British Columbia
MLS® 1042676
$3,999,999
- Status
- Active
- Property type
- Business
- MLS® number
- 1042676
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing description
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.
Property summary
- MLS® number
- 1042676
- Property type
- Business
- Title
- Freehold
- Land size
- 0.86 acres
- Annual property taxes
- $27,424.00
- Parking
- 26 spaces
- Days on market
- 49 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Lot features
- Other, Marine Oriented
- View
- Ocean view
What would this home cost you?
Based on the $3,999,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX Ocean Pacific (CR), Campbell River.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.