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:
Land
Lease Type:
Sale of Contract
Listing General Location:
PQ Errington/Coombs/Hilliers, Parksville/Qualicum
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.32 acre(s)0.53 hectare(s)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Alberni Rural (769)
MHR Number:
13925
Parking Features:
On Site
Business Type:
Accommodation
Date Listed:
Oct 18, 2025
Original Price:
3099000.0
Aerial view of property's location
Aerial view
View of dirt / gravel driveway
Aerial view of property and surrounding area featuring a heavily wooded area and property boundaries highlighted
Bird's eye view of a forest and a mountainous background
Aerial view of property and surrounding area with property boundaries highlighted
Bird's eye view of a heavily wooded area
Bird's eye view
Aerial overview of property's location with a heavily wooded area
Data was last updated October 21, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$1,289,000
Min list price:
$40,000
Max list price:
$16,663,000
Avg days on market:
75
Min days on market:
2
Max days on market:
1,078
These statistics are generated based on the current listing's property type
and located in
Parksville/Qualicum. Average values are
derived using median calculations. This data is not produced by the MLS® system.