$ 1,225,000 1978 CLIFFE AVE

This listing presented by Jen Bood. Contact Jen by phone: 250-650-0797 or email direct here.

Listing Info

Current Price $1,225,000
Price Type $
Title Strata
MLS® Number 446927

Place Nearby (within radius 1.5 km)

0 BR / 0 BA Building Only – COURTENAY

Best of the best. First class Triple A tenants in a brand new mixed use building on the Comox Valley's busiest main route. The province's Ministry of Children and Family Services has secured 4333 sqft of mezzanine MU-2 zoned space in Riverwalk Centre with a 4 year lease and options. All TI's to their account, commencing November 1st, 2018. NOI of $70k/year and a CAP of 5.75 %. Included in the lease are 5 underground heated and secure parking stalls. Operating costs of 2.55 sqft to their account as well. Excellent long term hold with a government lessee in a brand new high quality building. All residential loft units are now sold with only one remaining commercial unit, Riverwalk Centre is a great new addition to the Comox Valley.

Construction Info

Unit SL 1 & 3
Business Type Commercial
Sqft Total 20000
Year Built 2018
Commercial Type Building Only

Rooms Dimension

Listing Agent:



Royal LePage-Comox Valley (CV)


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Listing data last updated date: 2018-10-11 19:29:03
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