Sold

1811 Comox Avenue

Comox

Mixed-Use Commercial
4 Commercial & 12 Residential Units

SOLD $1,900,000

Overview

The subject property comprises three units within a four level mixed use strata-titled building, with 4 commercial units at grade and 12 residential units above. Located in the coastal community of Comox on Vancouver Island, the property is situated on the main cross roads in the downtown commercial core of Comox; one block from City Hall and the golf.

Tenancy

  • Strata Lot 1: Comox Grind, 728 sq. ft. $12,612 Annual Net Rent Paid
  • Strata Lot 2: Scotiabank, 5,422 sq. ft. $106,495 Annual Net Rent Paid
  • Strata Lot 4: Subway, 1,119 sq. ft. $25,080 Annual Net Rent Paid

Summary

Price$2,060,000
Cap Rate7%
Year Built1995
ZoningC4-1 Core Commercial
PID023-132-281; 023-132-299; 023-132-311
Sale Price$1,900,000
Sale Date01/01/2007

Financials

FinancingClear title.
Income and Expenses
Net Operating Income
Net Operating Income$144,187

The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by HQ Commercial.

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