Qualicum Beach · Commercial Sale · MLS® 1049440

6001/6010 Island Hwy, Qualicum Beach

$4,999,900
3Days on Market

About this property

An exceptional commercial investment in Qualicum Beach, on central Vancouver Island. Located in Qualicum Bay, the offering comprises two freehold parcels totalling approximately 3.09 acres, including a waterfront portion with about 155 feet of walk on frontage on the bay. This established mixed use property carries 24 income units across diversified revenue: motel style accommodation, twelve RV pads, self contained suites, a mobile home, a 2010 rancher, suites above garage bays, and a waterfront vendor site home to a popular food business. Zoned C1.6 under RDN Bylaw 2500, the property delivers proven income today at an approximate 8.1% capitalization rate, with unused density and repositioning upside. It sits in a sought after coastal corridor known for boating, fishing, and beachfront living. Operate as a single asset or reposition in stages. Full financial package will be available to qualified buyers. Zoning and permitted uses to be confirmed by the buyer.

Features & details

DDF Property Type Other
Building Type Commercial Mix
View Mountain view, Ocean view
Land Size 134,600 sq ft (3.09 acres)
Feature Acreage
Feature Partially cleared
Property Type Mixed Use
Water Source Regional/Improvement District
Sewer Septic System
Zoning C1.6

Location

Brokerage Listed by REMAX Professionals (NA). Information is deemed reliable but not guaranteed.