674 MEMORIAL Ave

About this residence

INVESTOR Alert! Fully tenanted investment opportunity in desirable downtown Qualicum Beach on beautiful Vancouver Island. This offering includes two commercial buildings being sold together as one interdependent package, providing an attractive cap rate. The first building built 2006 features four separately hydro-metered commercial zoned strata retail units with a loading bay. The second building consists of a single-use retail bookstore tenancy. Zoned commercial and conforming, this is a strong income-producing two building asset in one of Vancouver Island’s most sought-after destination communities. Excellent anchor tenants include a retail Gift Store, Pet Supply Company, Book Store, a modern Beauty Salon, and an Electronics/ Alarm Installation Store. The property benefits from access on both Memorial Avenue and Fir Street with a shared loading dock around back, offering outstanding retail exposure, convenience, and functionality for tenants and customers alike. Plenty of come and go street parking, located in a vibrant tourist town with strong walk-by traffic and high vehicle counts, this is a rare opportunity to acquire a proven revenue-producing commercial holding in the heart of downtown Qualicum Beach. All data and measurements are approximate and should be verified if important. Showings after or before business hours. (id:61366)