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Key Details
Sold Price $1,190,733
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 813949
Sold Date 01/30/20
Annual Tax Amount $13,201
Tax Year 2018
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 60 x 238
Property Description
Highly desirable waterfront commercial property! Located in the heart of Chemainus at the corner of Oak and Esplande Street along the waterfront and adjacent to the BC Ferry terminal that provides service to Thetis and Penelakut Islands. The property has been utilized for commercial retail use and accessory residential use for many years. The zoning allows for many commercial uses as well as accessory residential use. The property would lend itself best to continued mixed commercial and residential use while exploring redevelopment potential with the District of North Cowichan. The current owner is willing to lease back the retail portion and there are three residential rental suites. Let the rental income pay for the land while you contemplate the highest and best use of this prime property.
Location
Province BC
Area Du Chemainus
Zoning C-2
Exterior
Exterior Feature Storefront
Waterfront Description Yes
Building
Lot Description Cleared, Corner, Sloping
Sewer Sewer To Lot
Others
Tax ID 002-620-685
Ownership Freehold
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Bought with RE/MAX Ocean Pointe Realty (LD)