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920 Island Hwy S

920 Island Hwy SCampbell River, BC

$3,999,999
Business
Area
10,300 sqft
Rare investment opportunity in one of Vancouver Island's most desirable coastal communities. This 25-unit, tow-storey motel offers steady month-to-month rental income and an exceptional semi-waterfront location with unobstructed ocean views. Situated on a generous 0.86-acre parcel, the property features a spacious manager's suite, ample on-site parking, a convenient coin-operated laundry facility, and strong long-term income potential. Ideally positioned directly across from Campbell River's renowned Seawalk, guests and tenants enjoy easy access to the waterfront, beaches, marina and boat launch, fishing, parks, restaurants, cafes, shopping, and countless outdoor recreation opportunities. With its high-visibility location, established occupancy, and future upside in a thriving coastal destination, this is an outstanding opportunity for investors seeking a well-located income-producing property with excellent long-term potential. (id:67651)
OwnershipFreehold
Postal CodeV9W1B1
ZoningC6
HeatingBaseboard heaters, Electric
CoolingNone
Parking26 spaces
Annual Tax$27,424
FeaturesOther, Marine Oriented

Neighbourhood & Lifestyle