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Listing by Myles McCullough REMAX Professionals (NA)
$4,999,900
Est. payment /mo
13,130 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 13,130 sqft
Price per Sqft $380
MLS Listing ID 1049440
HOA Y/N No
Annual Tax Amount $8,548
Tax Year 2025
Lot Size 3.090 Acres
Acres 3.09
Property Sub-Type Mixed Use
Property Description
An exceptional commercial investment in Qualicum Beach, on central Vancouver Island. Located in Qualicum Bay, the offering comprises two freehold parcels totalling approximately 3.09 acres, including a waterfront portion with about 155 feet of walk on frontage on the bay. This established mixed use property carries 24 income units across diversified revenue: motel style accommodation, twelve RV pads, self contained suites, a mobile home, a 2010 rancher, suites above garage bays, and a waterfront vendor site home to a popular food business. Zoned C1.6 under RDN Bylaw 2500, the property delivers proven income today at an approximate 8.1% capitalization rate, with unused density and repositioning upside. It sits in a sought after coastal corridor known for boating, fishing, and beachfront living. Operate as a single asset or reposition in stages. Full financial package will be available to qualified buyers. Zoning and permitted uses to be confirmed by the buyer.
Location
Province BC
County Nanaimo Regional District
Community Pq Qualicum Beach
Area Parksville/Qualicum
Zoning C1.6
Interior
Fireplace No
Exterior
Parking Features On Site
Waterfront Description Ocean Front
View Y/N true
View Mountain(s), Ocean
Garage No
Building
Lot Description Acreage, Cleared
Sewer Septic System
Water Regional/Improvement District
Others
Restrictions ALR: No
Ownership Freehold
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”





