464 Island Hwy E Parksville, British Columbia V9P 2H4
$4,800,000
Very rare investment opportunity at a 6.9% cap rate! This fantastic property is located on a high-exposure 1.21 acre lot in the heart of Parksville, and features three solid cinder block buildings with a total of 16,548 square feet. This well-maintained complex offers a strong foundation for a wide range of business ventures. Currently 100% occupied, the property provides immediate income potential with the security of established tenants with solid leases in place. With its generous lot size and multiple buildings, this site offers both flexibility and long-term investment value in a thriving commercial location. Opportunities like this don’t come along often, so don't hesitate and secure this proven income-generating property today. (id:48643)
Property Details
| MLS® Number | 1011373 |
| Property Type | Other |
| Neigbourhood | Parksville |
| Plan | Vip31943 |
Building
| Size Exterior | 16548 Sqft |
| Type | Other |
Land
| Acreage | Yes |
| Size Irregular | 1.21 |
| Size Total | 1.21 Ac |
| Size Total Text | 1.21 Ac |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28775055/464-island-hwy-e-parksville-parksville
Contact Us
Contact us for more information
Clinton Miller
Personal Real Estate Corporation
www.clintonmiller.ca/
173 West Island Hwy
Parksville, British Columbia V9P 2H1
(250) 248-4321
(800) 224-5838
(250) 248-3550
www.parksvillerealestate.com/
Robyn Gervais
Personal Real Estate Corporation
www.gemrealestategroup.ca/
www.facebook.com/GEMRealEstateGroup/?ref=bookmarks
robyn_at_gem_real_estate_group/
173 West Island Hwy
Parksville, British Columbia V9P 2H1
(250) 248-4321
(800) 224-5838
(250) 248-3550
www.parksvillerealestate.com/
Bj Estes
Personal Real Estate Corporation
173 West Island Hwy
Parksville, British Columbia V9P 2H1
(250) 248-4321
(800) 224-5838
(250) 248-3550
www.parksvillerealestate.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 27 2025 07:21:22
Vancouver Island Real Estate Board
Royal LePage Parksville-Qualicum Beach Realty (Pk)