This investment opportunity is located in a vibrant light industrial/commercial area in the City of Courtenay with immediate access to the Comox Valley Parkway and Inland Highway. It is also around the corner from from the Courtenay Smartcentre anchored by Walmart.
2960 Moray Ave is on just under one acre & is improved with 2 buildings totaling 17,173 sqft. Front building consists of 3,675 sqft of office space on lower ground floor, 3,580 sqft at the street level, and 2 residential units of 1,509 sqft each on the top floor, totaling 10,273 sqft. Rear building offers warehouse space in 5 separate units totaling 6.900 sqft.
Buildings were constructed in 2011, and the property is strata - titled into 11 strata lots. There is also an adjacent 0.326 acre lot at 751 30th Street, which has been graded and improved for parking and improved access and egress through the property.
Property has a stable mix of tenants in construction industry w/9 of 11 units leased.