Royal LePage Nanaimo Realty
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1025489
- Photos (17)
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ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- PQ Errington/Coombs/Hilliers, Parksville/Qualicum
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.32 acre(s)
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- Alberni Rural (769)
- Legal Description:
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- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Business Type:
- Accommodation
- Total Units:
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- Date Listed:
- Feb 09, 2026
- Original Price:
- 3099000.0
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Aerial overview of property's location with property parcel outlined -
View of property location
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Drone / aerial view
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Aerial view of property and surrounding area
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Aerial view of property's location with a mountain backdrop
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Aerial overview of property's location with a forest
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Aerial view of property's location featuring a heavily wooded area
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Bird's eye view of a mountainous background
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Aerial view of property's location
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View of dirt / gravel driveway
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Aerial view
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Bird's eye view of a forest
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View of property location featuring a heavily wooded area and property boundaries highlighted
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Detailed view of electric panel
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Detailed view
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Detailed view of electric panel
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Detailed view
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated February 11, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $3,036,000
- Min list price:
- $525,000
- Max list price:
- $16,663,000
- Avg days on market:
- 110
- Min days on market:
- 1
- Max days on market:
- 249
These statistics are generated based on the current listing's property type
and located in
PQ Errington/Coombs/Hilliers. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DAVID BAINS
- ROYAL LEPAGE NANAIMO REALTY
- 1 (250) 7587653
- Contact by Email
Royal LePage Nanaimo Realty
Location
4200 Island Highway North
Nanaimo, BC, V9T 1W6