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512 5th St Courtenay, British Columbia V9N 1K3

$699,900

Unique 1000+ sqft gem in the heart of downtown Courtenay. Classic charm meets modern Convenience with updates throughout including new 200 amp electrical service and four private parking spaces. The most central property in downtown Courtenay to have both a front and back yard, complete with 560 sqft front deck and 240 sqft of shed storage. Currently occupied month-to-month by a long term commercial tenant who is keen to sign a new multi-year lease. You have plenty of options: Utilize the space yourself, secure a new lease, capitalize on the prime 5th St. frontage and foot traffic with your own business while leasing the office space in the back. Zoned C1, with both multi-family residential and commercial potential, this future development sites Setbacks, zoning, and larger lot 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 (id:55599)

Property Details

MLS® Number 970571
Property Type Other
Neigbourhood Courtenay City
Features Level Lot
Parking Space Total 4
Plan Vip4906

Building

Size Exterior 1042 Sqft
Type Commercial Mix

Land

Acreage No
Size Irregular 6098
Size Total 6098 Sqft
Size Total Text 6098 Sqft
Zoning Description C1
Zoning Type Unknown

https://www.realtor.ca/real-estate/27171711/512-5th-st-courtenay-courtenay-city

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