141 Memorial Ave, Parksville, BC V9P 2G9

$1,485,000
List Price
$1,485,000
MLS® #
855684
Acres
0.1
Year Built
1975
Subdivision
Pq Parksville

Property Description

Investment Opportunity. Downtown Parksville Professional Office Building. Fully leased with current owner/occupier willing to lease back. Well maintained 2-level building with about 5261 sq ft finished. Offering a 4.27% CAP rate. Currently improved as professional office space featuring offices, reception area, staff areas and storage. Originally designed with 3 main floor units and 2 second floor units there are 5 separate power meters and 5 heat pump units (5 yrs old). Currently the main floor (Unit A) is used as one space occupied by owner and there are 2 units on second floor (Units B and C) with Unit B occupied by owner and Unit C occupied by other long term tenant. There are 2 bathrooms on each floor. There are 7 parking stalls located at the rear of the building.

Additional Information

Lot Size
4,356
Lot Features
Central location, Easy Access
Parking Type
On Site
Heating
Heat Pump
Cooling
HVAC
Office Name
Royal LePage Parksville-Qualicum Beach Realty (PBO)

Listing courtesy of Royal LePage Parksville-Qualicum Beach Realty (PBO).

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing content Copyright 2020 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.