397 5th St, Courtenay, BC

$24,000,000

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23,670

Square feet

0.31

Acres

About 397 5th St

Opportunity to purchase a, 2024-built, four-storey rental building in Downtown Courtenay. The building is comprised of 39 residential rental units and 4 ground floor commercial units. Parking is provided with 26 total underground parking stalls. 22 regular, 1 accessible, 3 small. 4 ground level stalls, including 2 x electric vehicle stations. 2 are assumed for commercial use. The exterior is designed and insulated to meet Step 3 of the B.C. building energy code. The property sits on a 13,455 square foot corner lot. The property qualifies for the Courtenay Property Tax Exemption, saving approximately $89,700 annually

Features of 397 5th St

MLS® # 986348
Price $24,000,000
Square Footage 23,670
Acres 0.31
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 397 5th St
Area CV Courtenay City
City Courtenay
County Courtenay, City of
Province BC
Postal Code V9N 1J9

Amenities

Parking Spaces 26
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Electric, Heat Pump
Fireplace No

Exterior

Exterior Features Balcony, Balcony/Deck, Balcony/Patio

Additional Information

Date Listed January 31st, 2025
Days on Market 7
Zoning C-1

Listing Details

OfficeMacdonald Commercial Real Estate Services Ltd

Listing Map

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