Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades.
Data was last updated February 5, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$915,000
Min list price:
$39,900
Max list price:
$4,599,900
Avg days on market:
247
Min days on market:
3
Max days on market:
525
These statistics are generated based on the current listing's property type
and located in
Campbell River. Average values are
derived using median calculations. This data is not produced by the MLS® system.