141 MEMORIAL PARKSVILLE

Parksville neighbourhood of Parksville British Columbia Canada V9P 2G9
$1,398,000

141 MEMORIAL PARKSVILLE

  • Price: $1,398,000
  • MLS Number: 855684
  • Square Footage: 5748 Sq Ft
  • Property Type: Single Family

Investment Opportunity. Downtown Parksville Professional Office Building. 100% fully occupied Building with a CAP rate of 5.6% with 3 tenants, the anchor and second tenant has signed new leases. Full Triple Net Leases, net income of $78,564/annum. 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 excellent long term tenants in place. There are 2 bathrooms on each floor. There are 7 parking stalls located at the rear of the building. Take advantage of this rare opportunity.

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RE/MAX Sells Real Estate in every Region: Prov/State: Country:
Listing Brokerage: Royal LePage Parksville-Qualicum Beach Realty (PBO)

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