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$ 3,600,000
Est. payment | /mo
8,276 Sqft Lot
$ 3,600,000
Est. payment | /mo
8,276 Sqft Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Courtenay City
MLS® Listing ID 1050139
Year Built 1956
Lot Size 8,276 Sqft
Acres 8276.0
Property Sub-Type Freehold
Property Description
NET/NET/NET AAA BMO BANK TENANTED INVESTMENT OPPORTUNITY. The property consists of a well-maintained 5,885-square-foot single-storey commercial building situated on an approximately 8,277-square-foot (0.19-acre) corner site. Originally constructed in 1956 and extensively renovated in 1993 and 2005, the building has been purpose-built and occupied as a financial institution. Its strategic corner position provides approximately 172 feet of combined frontage, including approximately 52 feet along England Avenue and 120 feet along 6th Street, creating exceptional exposure to both vehicular and pedestrian traffic. The property is further enhanced by adjacent accessibility from surrounding commercial districts. The building is fully occupied by Bank of Montreal (BMO) under a carefree, fully net lease structure, providing ownership with minimal management responsibilities and predictable income (id:24570)
Location
State BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Others
Ownership Freehold
Listed by Royal LePage Sussex
Nearby Locations
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