$1,850,000
$1,925,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
820 Corcan Rd Qualicum Beach, BC V9K 2E9
83.37 Acres Lot
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 897452
Sold Date 06/29/22
Rental Info Unrestricted
Annual Tax Amount $72
Tax Year 2021
Lot Size 83.370 Acres
Acres 83.37
Property Sub-Type Other
Property Description
Income Producing 83 Acres of farmland in ALR currently leased to strong tenant offering favorable CAPP rate. Use is berry production. Current 5 year lease in place with 2 x 5 year extension options in place (total 15 yr potential). On site buildings included with sale include a 60x40 shop with partial concrete floor and a 30x40 shop with full concrete floor. Both buildings are leased to tenant. All useable farmland is leased. There are 2 potential building sites where an owner could have a home and live on the property. Do not access property without an appointment.
Location
Province BC
County Nanaimo Regional District
Area Pq Qualicum North
Zoning AG1
Exterior
Parking On Site 1
Utilities Available Electricity To Lot
View Y/N 1
View Mountain(s)
Building
Lot Description Acreage
Sewer None
Water Well: Drilled
Others
Restrictions ALR: Yes,Restrictive Covenants
Tax ID 000-421-871
Ownership Freehold
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Bought with Sutton Group-West Coast Realty (Nan)