Active

397 5th St

Courtenay BC, V9N 1J9

$24,000,000


$1,013.94 per sqft

Active

23,670 sqft

Commercial

Opportunity to purchase a, 2024-built, four-storey rental building in Downtown Courtenay. The building is comprised of 39 residential rental units and 4 ground floor commercial units. Parking is provided with 26 total underground parking stalls. 22 regular, 1 accessible, 3 small. 4 ground level stalls, including 2 x electric vehicle stations. 2 are assumed for commercial use. The exterior is designed and insulated to meet Step 3 of the B.C. building energy code. The property sits on a 13,455 square foot corner lot. The property qualifies for the Courtenay Property Tax Exemption, saving approximately $89,700 annually

986348

MLS ID

February 4, 2025

Listed

February 20, 2025

Updated

Interior Features

Floor Description

Carpet, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Electric, Heat Pump

Exterior/Building Features

Lot Size

0.31 Acres


Exterior Features

Balcony, Balcony/Deck, Balcony/Patio

Other Property Details

Area Name

Comox Valley


Taxes

$100,000


Tax Frequency

Annually


Days on Market

4


Garage

No


Parking

On Site


Parking Total

26


View

No


County

Courtenay, City of


Pool

No


Zoning

C-1

Courtesy of Macdonald Commercial Real Estate Services Ltd, Bob Scragg

Listing Contact: 604-290-2906 

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