Listing Details for 535 Sixth St, Courtenay - MLS® #882418

Office Offices For Sale 695,000

Office Offices For Sale at $695,000

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Basic Details

Listing ID
23457174
MLS® Number
882418
Street Address
535 Sixth St
Street Number
535
Street Name
Sixth
City
Courtenay
Postal Code
V9N1M5
Property Type
Office
Price
695,000
Ownership Type
Freehold
Zoning Description
C1
Municipal Id
000-632-970
Neighbourhood
Courtenay City
Features
Central location, Other, Rectangular
Zoning Type
Unknown
Parking Space Total
5
Plan
4906
More Details...

Property Description

Excellent Sale and Leaseback opportumity, with a well respected Seller willing to lease this property back until June 30, 2023 at a monthly Basic Rent of $4,000 with the Tenant paying all triple net expenses directly. This should produce a Cap Rate exceeding 6.4%. It is a 1938 character home with a rear addition bringing it to just over 2,000 square feet with major improvements including extensive millwork etc. There is rear lane access with 5 dedicated parking spots. There are 4 private offices. a work station, lunch room, photocopy area, a storage room and 2 washrooms in the rear section. The front section includesa large reception area, 2 private offices and open storage area. The C1 zoning provides great versatility for this downtown location. (id:8145)

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Full Details

Land

Size
4720 sqft
Irregular
4720

Building

Building Type
Offices
Size (Exterior)
2037 sqft
Cooling Type
Fully air conditioned, See Remarks
Heating Fuel
Electric
Heating Type
Heat Pump
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Listed by Pemberton Holmes Ltd. (Nanaimo)

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Listing information last updated on Tue, 20 Jul 2021 18:21:55 GMT.