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2931 Moray Ave
CV Courtenay City Courtenay V9N 7S7

$1,150,000
Commercial Sale built: 1990

Street view, lots of parking
Photo 1: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 2: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 3: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 4: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 5: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 6: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 7: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 8: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 9: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 10: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 11: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 12: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 13: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 14: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 15: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 16: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 17: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 18: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 19: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 20: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 21: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Photo 22: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
997340
Year Built:
1990
Investor opportunity!! 5% cap rate from 2 tenants: Rogers Communications has a small fenced in compound with a cell tower in the back right corner; Wayward Distillery occupies 95% of the property & 100% of the building. Lease for Wayward expires June 30, 2029, with one 5 year option to renew. Wayward has a retail store component right at the entry, which serves as both a tasting room & storefront. There's a 2 piece bathroom at the back of this space. They've added some nice touches such as a timber frame covered entry to the building, & 2 electric vehicle plug-ins by the front entry. Rogers is basically a permanent tenant by virtue of a Right of Way registered against the title which governs their access, right to use, & defines the rent structure being tied to CPI. The upstairs mezzanine has 2 offices & a staff lunchroom with a 2 piece bathroom. Located just off the 29th St. (South) connector, this area is mostly Light Industrial (I-2) zoned. At least 7 off-street parking spots.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building, Land
Year built:
1990 (Age: 35)
Lease Rate:
13.07
Lease Type:
Sale of Assets
Additional Rent Per SqFt:
7.99
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Courtenay City, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
19,374 sq. ft.
Lot Details:
98.4'x196.8'
Taxes:
Building Features:
Kitchen/Staff Room, Shopping Nearby, Transit Nearby
Construction:
Aluminum Siding
Electricity:
Yes
Number of Storeys:
1
Ceiling Heights:
Door Features:
Warehouse Doors: 5
Floor finish:
Mixed
Total Building Area:
3,000 sq. ft.
Leasable Area:
3,000 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Natural Gas, Other
Fireplace:
No
Pending Date:
Fixtures
Equip/Machinery
Fencing: Full, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Lease Amount Additional:
7.99
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Courtenay
Legal Description:
Zoning:
Light Industrial I-2
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Tenant
Utilities:
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Lot Site Features:
Central Location, Rectangular Lot, Shopping Nearby
Parking Features:
On Site
Total Parking Spaces:
7
Road Surface Type:
Paved
Total Units:
Date Listed:
Apr 30, 2025
Original Price:
1150000.0
  • Photo 1: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Street view, lots of parking
  • Photo 2: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Front view...two new insulated garage doors, one with windows
  • Photo 3: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Retail store/public tasting area
  • Photo 4: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Another view of the retail area
  • Photo 5: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Reception/till
  • Photo 6: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Public tasting area
  • Photo 7: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Behind the reception counter
  • Photo 8: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    2 piece bath off reception
  • Photo 9: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Front portion of distillery
  • Photo 10: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    ...another view
  • Photo 11: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Looking towards the back
  • Photo 12: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Another tasting area for larger groups
  • Photo 13: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    New windowed/insulated garage door lets in lots of natural light
  • Photo 14: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Looking towards the back garage doors
  • Photo 15: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    access by stairs to the mezzanine
  • Photo 16: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Staff lunchroom at mezzanine level
  • Photo 17: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Staff bathroom at mezzanine level
  • Photo 18: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    One of 2 mezzanine level offices
  • Photo 19: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    The 2nd mezzanine level office
  • Photo 20: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Side yard, showing tenant storage containers, Rogers tower in the back right corner
  • Photo 21: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Rogers tower
  • Photo 22: 2931 Moray Ave in Courtenay: CV Courtenay City Industrial for sale (Comox Valley)  : MLS®# 997340
    Rear of building showing 3 more garage doors
Listed by Royal LePage-Comox Valley (CV)
Data was last updated June 19, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$848,500
Min list price:
$50,000
Max list price:
$23,500,000
Avg days on market:
98
Min days on market:
28
Max days on market:
345
These statistics are generated based on the current listing's property type and located in CV Courtenay City. Average values are derived using median calculations.

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