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Property Details


List Price
$10,800,000
Property Address
1342 Shoppers Row, Harbourside Inn, Campbell River, BC, V9W 2E1, Canada
Type
Concrete
Major Business Type
Hotel,Commercial,Rental units, Retail
Available Building Area
45,000 sq.ft.
Lot Size Area
34,984 sq.ft.
Office Rooms
Add New Value ...
Floors
4

Campbell River

1342 Shoppers Row, Harbourside Inn, Campbell River, BC, V9W 2E1, Canada

Description

It is great opportunity for having a great stable Rental income. This property is the combination of Hotel/Residential & commercial spaces.
The GROSS INCOME is around $1,180,000 & NET INCOME is approximately $660,000 that comes to above 6% CAP RATE.
The income hasn`t been affected during Covid-19 for the way it has been structured.
The building size is more than 45,000 SQFT that set on 34984 SQFT lot.
There are 90 suits-- Four 2 bedrooms--60 seats restaurant, 65 seats pub, 107 seat Banquet Halls, liquor store & cell phone store.
Please note the restaurant, Pub & Banquet hall are currently vacant and it is not part of the income.
The next owner can boost the income by renting these places.
The location is just one block away from Ferry Terminal and it is middle of the city center.

Listing Provided By

Sutton Group WCR

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The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver. Real estate listings held by participating real estate firms are marked with the MLSR logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver. Copyright 2024 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, BC Northern Real Estate Board, and Kootenay Real Estate Board. All Rights Reserved.

Neighborhood Info

 Real Estate Listing provided by
  • The Sheikhy Team
  • 604-638-0770
  • 604-986-9122
  • team@sheikhy.com
  • North Vancouver
  • 100-889 Harbourside Drive
  • North Vancouver, BC
  • V7P 3S1