Huge 8.7 acre site near the heart of the city with approx 50,000 sq ft with one huge building and one smaller building. There are multiple tenants plus there's an undeveloped area (approx. 3.5 acre) for future development. The buildings were built in 3 phases and they are 20-25 yrs old. At full occupancy gross revenues would total almost $300K per year and have an approx Net Operating Income of $200K+/-. There is currently one large (11,300 sq ft) and one smaller storasge space available for your own company to occupy or lease it out to maximize your return. If you need something specific you can custom build for yourself or a custom client and expand onto the undeveloped portion to further increase your revenue! Worth considering in the growing City of Campbell River (The third largest on the Island and the hub of the North Island).
8.66 acre(s)3.5 hectare(s)
Building And Land
Major Business Type:
Listed by STEPHEN GRANT* of Royal LePage Advance Realty
and LYNDA SNAGG of RE/MAX Check Realty
Listing information last updated on 28-Jun-2017 5:10 PM