- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1040054
- Year Built:
- 1979
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Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Year built:
- 1979 (Age: 47)
- Lease Type:
- Sale Price
- Listing General Location:
- CR Campbell River Central, Campbell River
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 16,989 sq. ft.
- Taxes:
- $14,821.57 / 2025
- Building Features:
- Parking, Shopping Nearby
- Construction:
- Concrete, Frame Wood, Stucco
- New Construction:
- No
- Foundation:
- Slab
- Electricity:
- Yes
- Number of Storeys:
- 3
- Floor finish:
- Mixed
- Total Building Area:
- 5,360 sq. ft.
- Commercial Area:
- Not Applicable
- Subdivisable Area:
- Yes
- Water supply:
- Municipal
- Sewer:
- Sewer Connected, Sewer To Lot
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Parking
- City, Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1197000.0
- Assessment year:
- 2025
- Gross Income:
- 90500.0
- Net Operating Income:
- 80500.0
- Jurisdiction name:
- City of Campbell River
- Legal Description:
- LOT 1, PLAN VIP29830, DISTRICT LOT 73, SAYWARD LAND DISTRICT
- Zoning:
- RM3
- Units in Building:
- 8
- Units in Community:
- 8
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Electricity Available, Phone Available
- Lot Site Features:
- Central Location, Easy Access, Family-Oriented Neighbourhood, Shopping Nearby, Sloped, See Remarks
- Parking Features:
- On Site
- Road Frontage Type:
- Lane, Other
- Road Surface Type:
- Paved
- Total Units:
- 8
- Date Listed:
- Jun 08, 2026
- Original Price:
- 1749000.0
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Listed by Sutton Group-West Coast Realty
Data was last updated June 16, 2026 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 16
- Avg list price:
- $749,000
- Min list price:
- $229,900
- Max list price:
- $4,599,900
- Avg days on market:
- 101
- Min days on market:
- 8
- Max days on market:
- 656
These statistics are generated based on the current listing's property type
and located in
CR Campbell River Central. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- LAURA PARTYKA
- OAKWYN REALTY LTD.
- 1 (250) 8308097
- Contact by Email
The Worthy Group - Oakwyn Realty Ltd.
Office Address:
#1 2708 Dunsmuir Ave
Cumberland, BC, V0R 1S0
