LOADING

535 Sixth St Courtenay, British Columbia V9N 1M5

Fully Air Conditioned, See Remarks Heat Pump

$695,000

Excellent Sale and Leaseback opportumity, with a well respected Seller willing to lease this property back until June 30, 2023 at a monthly Basic Rent of $4,000 with the Tenant paying all triple net expenses directly. This should produce a Cap Rate exceeding 6.4%. It is a 1938 character home with a rear addition bringing it to just over 2,000 square feet with major improvements including extensive millwork etc. There is rear lane access with 5 dedicated parking spots. There are 4 private offices. a work station, lunch room, photocopy area, a storage room and 2 washrooms in the rear section. The front section includesa large reception area, 2 private offices and open storage area. The C1 zoning provides great versatility for this downtown location. (id:32872)

Property Details

MLS® Number 882418
Property Type Office
Neigbourhood Courtenay City
Features Central Location, Other, Rectangular
Parking Space Total 5
Plan 4906

Building

Cooling Type Fully Air Conditioned, See Remarks
Heating Fuel Electric
Heating Type Heat Pump
Size Exterior 2037 Sqft
Type Offices

Land

Acreage No
Size Irregular 4720
Size Total 4720 Sqft
Size Total Text 4720 Sqft
Zoning Description C1
Zoning Type Unknown

https://www.realtor.ca/real-estate/23457174/535-sixth-st-courtenay-courtenay-city

Interested?

Contact us for more information


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R. Mike Mullin
Personal Real Estate Corporation

(250) 650-6560
www.mullincommercialrealestate.ca

Pemberton Holmes Ltd. (Nanaimo)
640 Terminal Avenue
Nanaimo, British Columbia V9S 4K2

(250) 753-9688
(250) 753-9677
www.pembertonholmesnanaimo.com

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