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Coldwell Banker Oceanside Real Estate
949 Fitzgerald Ave, Courtenay, BC V9N 2R6
- $1,260,000
Courtesy of William Wright Commercial Real Estate Services
- List Price
- $1,260,000
- Status
- ACTIVE
- MLS®
- 1053850
- Property Type
- Commercial
- Stories
- 2
- Acres
- 0.19
- Lot Size
- 8,276
- District
- Courtenay
- Neighbourhood
- Cv Courtenay City
Property Description
949 Fitzgerald Avenue presents an attractive mixed-use investment opportunity in the heart of downtown Courtenay, offering a 6.5% standardized cap rate at the asking price of $1,260,000. The 3,781 SF C-1 zoned building features two commercial units and a fully renovated 2-bedroom residential suite, providing diversified income and flexibility for investors or owner-users. The commercial spaces offer functional office layouts with reception areas, private offices, meeting space, kitchenettes, and washrooms. The residential suite features vaulted ceilings, an open-concept kitchen and living area, gas fireplace, modern 4-piece bathroom, laundry, and private rear deck with mountain views. The property also includes 9 on-site parking stalls, rear lane access, and abundant street parking. Recent improvements include updated HVAC, new hot water tanks, fencing, and Poly-B remediation.
Additional Information
- Lot Features
- Central Location, Curb & Gutter, Easy Access, Landscaped, Level, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure
- Heating
- Baseboard, Electric, Forced Air, Natural Gas
- Flooring
- Mixed
- Parking Spaces
- 9
- Exterior Features
- Balcony, Fencing: Partial, Garden, Low Maintenance Yard, Security System
- Parking Type
- On Site
- Taxes
- $18,880
- Rentals Allowed
- Unrestricted
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