276 Sandwick Rd
CV Courtenay East Courtenay V9N 9H2

$2,500,000
Commercial Sale

Main Photo: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 1: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 2: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 3: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 4: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 5: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 6: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 7: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 8: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 9: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 10: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 11: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Photo 12: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
945275
Multiple opportunities for this .88 acre development property in prime Courtenay core location. Property is within current development node that has multiple new multi-family and apartment blocks under construction or already built. Across Ryan Road from Superstore power centre and located on bus routes and walking distance to schools, North Island College and Aquatic Centre this parcel Is perfect for the next multi-family or rental apartment site. Currently leased at $5000/month ($60,000/year) with excellent tenants (1 year lease, February 1 st, 2023-February 1st, 2024). Listing agent has geotech and architectural plans on file as well as pre-application for re-zoning with the City. This property fits within the City of Courtenay's revised 2021 OCP and vision for densification in these areas.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Assignment of Lease
Listing General Location:
CV Courtenay East, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.88 acre(s)
New Construction:
No
Leasable Area:
2,582 sq. ft.
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Mountain(s)
Located behind RCMP station
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Courtenay
Zoning:
C-2A
Legal Non-Conformance:
No
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Underground Utilities
Lot Site Features:
Central Location, Easy Access, Serviced, Shopping Nearby
Parking Features:
On Site
Road Surface Type:
Paved
Date Listed:
Oct 03, 2023
Original Price:
2500000.0
  • Photo 1: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
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  • Photo 11: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
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  • Photo 12: 276 Sandwick Rd in Courtenay: CV Courtenay East Multi Family for sale (Comox Valley)  : MLS®# 945275
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Listed by Derek Costantino of Royal LePage-Comox Valley (CV)
Data was last updated February 24, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$999,900
Min list price:
$64,000
Max list price:
$5,490,000
Avg days on market:
95
Min days on market:
8
Max days on market:
432
These statistics are generated based on the current listing's property type and located in Comox Valley. Average values are derived using median calculations.
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.