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.
Data was last updated October 25, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$1,269,500
Min list price:
$40,000
Max list price:
$16,663,000
Avg days on market:
78
Min days on market:
2
Max days on market:
1,083
These statistics are generated based on the current listing's property type
and located in
Parksville/Qualicum. Average values are
derived using median calculations. This data is not produced by the MLS® system.