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163 Alberni Hwy, Parksville

Commercial Building and Land for Sale

Courtesy of Colliers International (Nan)
163 Alberni Hwy, Parksville, MLS® # 459327

INVESTMENT PROPERTY: Two tenant commercial investment property in downtown Parksville comprised of approximately 10,866 SF of building area with an actual cap rate of 5.76% based upon current NOI and the listing price. Both tenants offer strong covenant in the form of Liquor Barn and the very well - known Rod and Gun Pub operating in the City of Parksville since 1898. The pub was originally built 1898, the subject building underwent significant upgrades in 1994 including new wiring, plumbing, new patio, and windows. The freestanding liquor store structure was constructed in 2004 and is approximately 2,970 square feet. This offering represents a raze opportunity for an investor to acquire a secure investment and historic landmark on Vancouver Island. Contact listing agent for further details.

Contact Chris Martin About MLS® 459327

Required Field

Chris Martin, 250.751.1223 at RE/MAX of Nanaimo, #1 - 5140 Metral Drive, Nanaimo, British Columbia, V9T 2K8

property information

  • Property Type: Commercial Building and Land
  • MLS®#: 459327
  • Lot Size: 27,007.00 sq.ft.
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Community Information

  • Address: 163 ALBERNI HWY
  • Neighbourhood: Z5 Parksville
  • City: PARKSVILLE
  • Postal Code: V9P 1L9
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interior

  • Included: Highway Access, Shopping Area, Signs Allowed, Store Front, Wheelchair Access
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exterior

  • Exterior Features: Fully Sewered, Level, Public Trans. Nearby, Shopping Nearby, Visual exposure, Corner Site
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$3,690,000

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Disclaimer: VIREB IDX Reciprocity listings are displayed in accordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The above information is from sources deemed reliable but it should not be relied upon without independent verification.
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