141 Memorial Ave Parksville, BC
$ 1,398,000
Property Attributes
  • MLS#855684
  • TypeCommercial
  • CityParksville
  • AreaParksville-Qualicum
  • NeighbourhoodPQ Parksville
  • Postal CodeV9P 2G9
  • StyleOffice
  • Year Built1975
  • Taxes16099
  • Price$ 1,398,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5748
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Royal LePage Parksville-Qualicum Beach Realty (PBO)
Property Description

Investment Opportunity. Downtown Parksville Professional Office Building. 100% fully occupied Building with a CAP rate of 5.6% with 3 tenants, the anchor and second tenant has signed new leases. Full Triple Net Leases, net income of $78,564/annum. Currently improved as professional office space featuring offices, reception area, staff areas and storage. Originally designed with 3 main floor units and 2 second floor units there are 5 separate power meters and 5 heat pump units (5 yrs old). Currently the main floor (Unit A) is used as one space occupied by owner and there are 2 units on second floor (Units B and C) with excellent long term tenants in place. There are 2 bathrooms on each floor. There are 7 parking stalls located at the rear of the building. Take advantage of this rare opportunity.

General Features

Association Amenities Common Area, Meeting Room
Commercial Area Downtown
Commercial Listing Type Building
Construction Materials Brick & Siding
Cooling HVAC
Flooring Carpet, Tile
Heating Heat Pump
Pets Allowed Y/N Yes
Property SubType Office
Property Type Commercial Sale
Zoning C-3

Interior Features

Number Of Units In Building 3
Total Units 3

Exterior Features

Building Area Total 5748.00
Building Features Kitchen/Staff Room, Parking
Lot Description Central Location, Easy Access
Lot Size Acres 0.10
Lot Size Dimensions 66
Lot Size Square Feet 4356.00
Parking Onsite Yn Yes
Water Source Municipal


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V9P 2G9

AVG $1.4M
AVG $16,099
AVG 15
Year Built
AVG 1975
AVG 74
Data Provided by Walkscore ® not using MLS data

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