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541 E Island Hwy
PQ Parksville Parksville V9P 1V2

$1,598,800
Commercial Sale built: 1960

Main Photo: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
Photo 1: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
Photo 2: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
Photo 3: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
Photo 4: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
Photo 5: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
Photo 6: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
903337
Year Built:
1960
Rare opportunity to own a .56 acre commercial property with 3 separate titles. Excellent frontage of approximately 233' for the combined lots with the depth at 115'. Currently operating as a popular Japanese restaurant, the building on site is 1592 sq ft, contains an outdoor patio area and paved, generous parking available plus new fencing at the rear lot line. Land and building only is included in this sale, not the business. Located along the southern section of the City of Parksville, zoned CS-1 and in the OCP as Mixed Use/Highway Commercial. This property is on City Water and Sewer with sidewalk, curb & gutter. Parksville is currently exhibiting huge growth as a desirable destination for both full time living and tourism. Located near new commercial malls, apartment complexes, Rathtrevor Park, Englishman River/Estuary, Parksville Beach, numerous golf courses and marinas with only 30 minutes drive to Nanaimo for the Vancouver ferry.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Year built:
1960 (Age: 62)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PQ Parksville, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.558 acre(s)
Taxes:
Construction:
Brick & Siding, Frame Wood, Insulation All, Shingle-Wood, Vinyl Siding, Wood
Foundation:
Slab
Electricity:
Yes
Number of Storeys:
1
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,592 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
See Remarks
Balcony/Patio, Fencing: Partial, Low Maintenance Yard, Wheelchair Access
Mountain(s)
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Parksville
Legal Description:
Zoning:
CS1
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Owner
Utilities:
Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
Lot Site Features:
Central Location, Curb & Gutter, Easy Access, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure
Parking Features:
On Site
Road Frontage Type:
Highway
Total Units:
Date Listed:
May 16, 2022
Original Price:
1598800.0
  • Photo 1: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
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  • Photo 2: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
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  • Photo 3: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
    Photo 3 of 6
  • Photo 4: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
    Photo 4 of 6
  • Photo 5: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
    Photo 5 of 6
  • Photo 6: 541 E Island Hwy in Parksville: PQ Parksville Mixed Use for sale (Parksville/Qualicum)  : MLS®# 903337
    Photo 6 of 6
Listed by 460 Realty Inc. (PK)
Data was last updated October 7, 2022 at 02:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$400,000
Min list price:
$95,000
Max list price:
$11,900,000
Avg days on market:
65
Min days on market:
1
Max days on market:
169
These statistics are generated based on the current listing's property type and located in PQ Parksville. Average values are derived using median calculations.

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