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
Listing General Location:
PQ Errington/Coombs/Hilliers, Parksville/Qualicum
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.32 acre(s)0.53 hectare(s)
Total Building Area:
2,927 sq. ft.272 m2
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Alberni Rural (769)
Parking Features:
On Site
Road Surface Type:
Paved
Business Type:
Accommodation
Date Listed:
Feb 09, 2026
Original Price:
3099000.0
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated March 6, 2026 at 10:05 PM (UTC)