Courtenay, BC V9N1J9 397 5th St

Presented By: Macdonald Commercial Real Estate Services Ltd
  • MLS# 986348
  • 01/31/2025
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  • SQFT • 23,670

Home Details

Opportunity to purchase a, 2024-built, four-storey rental building in Downtown Courtenay. The building is comprised of 39 residential rental units and 4 ground floor commercial units. Parking is provided with 26 total underground parking stalls. 22 regular, 1 accessible, 3 small. 4 ground level stalls, including 2 x electric vehicle stations. 2 are assumed for commercial use. The exterior is designed and insulated to meet Step 3 of the B.C. building energy code. The property sits on a 13,455 square foot corner lot. The property qualifies for the Courtenay Property Tax Exemption, saving approximately $89,700 annually
Presented By: Macdonald Commercial Real Estate Services Ltd

Interior Features for 397 5th St

Other Interior Features

Basement Y/NNo
FireplaceNo
FlooringCarpet, Vinyl
Total Units39

General for 397 5th St

Commercial AreaNot Applicable
Commercial Listing TypeBuilding
HeatingBaseboard, Electric, Heat Pump
Parking Total26
Property SubtypeMulti Family
Property TypeCommercial Sale
Youngest Age Allowed0
ZoningC-1

Exterior for 397 5th St

Building Area Total23670.00
Building FeaturesShopping Nearby
Exterior FeaturesBalcony, Balcony/Deck, Balcony/Patio
Lot Size Acres0.31
Lot Size Square Feet13455.00
Parking Onsite YNYes
View YNNo
WaterfrontNo

Additional Details

Robert Hanna

Price $23,500,000
MLS#986348
List Date 01/31/2025
Property Type Commercial
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