ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Business, Land
Lease Type:
Sale Price
Listing General Location:
PQ Errington/Coombs/Hilliers, Parksville/Qualicum
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.32 acre(s)0.53 hectare(s)
Total Building Area:
2,927 sq. ft.272 m2
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Alberni Rural (769)
Parking Features:
On Site
Road Surface Type:
Paved
Business Type:
Accommodation
Date Listed:
Feb 09, 2026
Original Price:
3099000.0
Aerial overview of property's location with property parcel outlined
View of property location
Drone / aerial view
Aerial view of property and surrounding area
Aerial view of property's location with a mountain backdrop
Aerial overview of property's location with a forest
Aerial view of property's location featuring a heavily wooded area
Bird's eye view of a mountainous background
Aerial view of property's location
View of dirt / gravel driveway
Aerial view
Bird's eye view of a forest
View of property location featuring a heavily wooded area and property boundaries highlighted
Data was last updated February 10, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$3,036,000
Min list price:
$525,000
Max list price:
$16,663,000
Avg days on market:
110
Min days on market:
1
Max days on market:
249
These statistics are generated based on the current listing's property type
and located in
PQ Errington/Coombs/Hilliers. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Location, Location, Location. This well appointed 2 bed, 1.5 bath home is located in the popular Bayside Village complex. There have been several updates over...
Listed by Royal LePage Parksville-Qualicum Beach Realty (QU), sold on May, 2021