512 5th St

Offered at: $699,900

MLS®: 983314

Discover this very unique 1000+ sqft gem in the heart of downtown Courtenay. Classic charm meets modern Convenience with a brand new roof, upgraded 200 amp electrical and four private parking spaces. The most central property in downtown Courtenay to have both a front and back yard, complete with 560 sqft frontdeck and 240 sqft of shed storage. Currently occupied month-to-month by a long term commercial tenant who is interested in a new multi-year lease. Secure a new lease or utilize the space yourself and capitalize on the prime 5th St. frontage foot traffic, or run your own business out front while leasing the office space in the back. Zoned C1, with both multi-family residential and commercial potential, this 5th Street property is a future development goldmine. Setbacks and zoning create the potential for a four storey building with commercial ground floor and residences above with unobstructed views of both glacier and ocean. Potential for 20000 sqft of commercial residential mix

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Property Type:
Commercial Sale
Home Ownership:
Freehold

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