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Key Details
Sold Price $967,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 823493
Sold Date 01/15/20
Annual Tax Amount $7,901
Tax Year 2018
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Rare opportunity! This unique property has several commercial spaces downstairs with a 2 bedroom residential space upstairs. Located in the vibrant community affectionately known as "Tin Town," the buildings are metal clad with tin roofs and balconies. The upstairs suite is 1379 sqft with two bedrooms, full bathroom, spacious kitchen, living room and dining area, separate entry & large private balcony. Currently used as Air BnB for $100/night. Downstairs features 2545 sqft with an office and studio with private entrance, currently being used as a photography studio. On the other side are 4 potential offices with shared entrance, powder room and storage space. Zoned MU-4 has many permitted uses (bakery, care facility, day care, gym, florist, brewery, retail to name a few. Perfect investment for a small business or investor. Live and work in the same neighbourhood, or, keep the top floor as a rental or Air BnB. Lots of fun in Tin Town! with easy walk to yoga or coffee shops.
Location
Province BC
Area Cv Courtenay City
Zoning MU 4
Others
Tax ID 017-632-366
Ownership Freehold
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Bought with RE/MAX of Nanaimo