512 5th St, Courtenay | $699,900

Discover this very unique 1000+ sqft gem in the heart of downtown Courtenay. Classic charm meets modern Convenience with a brand new roof, upgraded 200 amp electrical and four private parking spaces. The most central property in downtown Courtenay to have both a front and back yard, complete with 560 sqft frontdeck and 240 sqft of shed storage. Currently occupied month-to-month by a long term commercial tenant who is interested in a new multi-year lease. Secure a new lease or utilize the space yourself and capitalize on the prime 5th St. frontage foot traffic, or run your own business out front while leasing the office space in the back. Zoned C1, with both multi-family residential and commercial potential, this 5th Street property is a future development goldmine. Setbacks and zoning create the potential for a four storey building with commercial ground floor and residences above with unobstructed views of both glacier and ocean. Potential for 20000 sqft of commercial residential mix

Description

Discover this very unique 1000+ sqft gem in the heart of downtown Courtenay. Classic charm meets modern Convenience with a brand new roof, upgraded 200 amp electrical and four private parking spaces. The most central property in downtown Courtenay to have both a front and back yard, complete with 560 sqft frontdeck and 240 sqft of shed storage. Currently occupied month-to-month by a long term commercial tenant who is interested in a new multi-year lease. Secure a new lease or utilize the space yourself and capitalize on the prime 5th St. frontage foot traffic, or run your own business out front while leasing the office space in the back. Zoned C1, with both multi-family residential and commercial potential, this 5th Street property is a future development goldmine. Setbacks and zoning create the potential for a four storey building with commercial ground floor and residences above with unobstructed views of both glacier and ocean. Potential for 20000 sqft of commercial residential mix

General Info


MLS Listing ID: 983314 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 6098 sqft Air Conditioning : N/A

Amenities/Features


  • Level lot

MAP View


Street View


Get More Info



Mortgage Calculator




Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .