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1266 S Island Hwy
CR Campbell River Central Campbell River V9W 1B5

$1,898,000
Commercial Sale

South View entering town, unobstructed views!
Photo 1: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 2: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 3: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 4: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 5: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 6: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 7: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 8: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 9: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 10: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 11: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 12: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 13: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 14: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 15: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 16: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 17: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 18: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 19: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 20: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Photo 21: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
953595
Ocean View RM2 Luxury townhouse development opportunity, located along Campbell River's newly updated sea walk. This 0.92 parcel has unobstructed Ocean Views of Quadra Island, the Discovery Passage and daily wildlife and marine activity. A development permit has already been approved with the city for 6 luxury townhouses, in a 3-duplex arrangement with varying heights, featuring private deck spaces, elevators and 2-3 car garages. The designs and innovation are unlike anything currently available on Vancouver Island. Semi-waterfront property along the seaside boulevard is becoming a rare commodity and scarce to hit the market. Is this the development you've been searching for? Call your realtor for details. Full development package, Geotech assessment, site details available to qualified innovators.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.92 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Close to the Rockland roundabout, along the seawalk, right after the pedestrian crossing. Please park in city parking spots to view/walk w/appt
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
RM2
Units in Building:
Units in Community:
Occupancy:
Tenant
Parking Features:
On Site
Total Parking Spaces:
20
Road Frontage Type:
Highway
Road Surface Type:
Paved
Total Units:
Date Listed:
Feb 15, 2024
Original Price:
1995000.0
  • Photo 1: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    South View entering town, unobstructed views!
  • Photo 2: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Rendering 1
  • Photo 3: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    rendering dropped in parcel aerial
  • Photo 4: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Subject property to the East (right) of the vacant lot
  • Photo 5: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Property is directly in the middle of photograph, pedestrian walkway is just past the lot line (Southern boundary) and steps to the shoreline.
  • Photo 6: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Deep Rectangular 0.92 parcel, extending through tree line
  • Photo 7: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    RM-1 homes to the North, and RM-3 vacant parcel to the South
  • Photo 8: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Overview of 6 Luxury townhomes
  • Photo 9: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    South Side Rendering of Proposed development
  • Photo 10: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Front Duplex, facing East
  • Photo 11: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Taller Townhomes at back, with Elevators and additional storey.
  • Photo 12: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Aerial view looking east, above subject property
  • Photo 13: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
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  • Photo 14: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
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  • Photo 15: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
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  • Photo 16: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Stunning views of the Discovery Passage
  • Photo 17: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
    Photo 17 of 21
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  • Photo 20: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
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  • Photo 21: 1266 S Island Hwy in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 953595
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Virtual Tour

Listed by Engel & Volkers Vancouver Island North
Data was last updated April 25, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,600,000
Min list price:
$89,000
Max list price:
$5,980,000
Avg days on market:
55
Min days on market:
8
Max days on market:
292
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.