Courtenay, BC V9N 2J5,589 Cliffe Ave

$290,000

Est. payment /mo

$320,000

9.4%
Est.Price: ?

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589 Cliffe Ave Courtenay, BC V9N 2J5

2,613 Sqft Lot

SOLD DATE : 12/02/2024

Key Details

Sold Price $290,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 977293

Sold Date 12/02/24

Rental Info Unrestricted

Annual Tax Amount $5,457

Tax Year 2023

Lot Size 2,613 Sqft

Acres 0.06

Property Description

Stabilized Cap Rate of 8.5%. Clean Phase I environmental available. Estate Sale: The subject property is currently fully leased to a single tenant for a 3 year term expiring Dec. 2026. Improvements consist of a single story commercial building fronting Cliffe Avenue. The subject is of concrete block construction featuring a 100 amp electrical service panel, gas furnace, two-piece bathroom and storage area. Contact listing agent for further details.

Location

Province BC

County Courtenay, City Of

Area Cv Courtenay West

Zoning C1

Building

Sewer Sewer Connected

Water Municipal

Others

Tax ID 000-811-980

Ownership Freehold

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Listed by Colliers International (Nan)
Bought with Engel & Volkers Vancouver

Kirk Walper

Broker Associate | License ID: 160035

+1(250) 228-4275

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