$985,000
$999,800
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1221 Cedar St Campbell River, BC V9W 2W4
0.33 Acres Lot
Key Details
Sold Price $985,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 825926
Sold Date 07/03/20
Year Built 1979
Annual Tax Amount $12,285
Tax Year 2019
Lot Size 0.330 Acres
Acres 0.33
Property Description
Great opportunity to redevelop a fantastic central downtown Campbell River location. Current building has approx 4800 square feet on 2 floors totalling over 9600 square feet. C-1B zoning will allow for a multitude of uses. Some options include residential apartments or mixed use residential & commercial use. This would also be a excellent corporate location or a professionals office building, such as doctors, lawyers, accountants or specialists location. Currently there is a 120 seat restaurant operating on the ground level with two separate suites upstairs, one with 4 bedrooms and one with 6 bedrooms, total of 10 bedrooms. Upstairs has two entrance ways and could easily be redeveloped into more rental suites. Lots of parking on site as well as good street parking. Could be a great revenue producing property. Property is ripe for redevelopment. Restaurant business has been operating for 50 years is also for sale, also vacant lot next door could be purchased separately.
Location
Province BC
Area Cr Campbell River Central
Zoning C-1B
Interior
Cooling Air Conditioning
Exterior
Exterior Feature Sign: Allowed, Storefront
View Y/N 1
View Other
Handicap Access Wheelchair Friendly
Building
Lot Description Level
Additional Building Exists
Others
Tax ID 005-864-844
Ownership Freehold
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Bought with PARK GEORGIA RLTY - COQUITLAM