120 170 S Island Hwy
CR Campbell River Central V9W 1A3

$3,750,000
Commercial Sale

Main Photo: 120 170 S Island Hwy in : CR Campbell River Central Business for sale (Campbell River)  : MLS®# 876913
Photo 1: 120 170 S Island Hwy in : CR Campbell River Central Business for sale (Campbell River)  : MLS®# 876913
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
876913
Share Sale. This 3.37-acre consists of two semi-oceanfront adjacent properties overlooking the Discovery Pass. Driftwood by the Sea Inn and RV Resort is a well established and successful business, now in its 20th year. Located 5 blocks to the new Campbell River Hospital and 1.5 km to Downtown Campbell River. RM-3 zoning provides for High Density Multi-Family Residences for Future Development. Improvements include 2 Duplex Cottages (4 Cottages) plus one 1180 sq ft Residence/Office, Eight - 2-bedroom Modular Homes, with new metal roofs (owned by the Resort) & 30 Full Service RV sites. All Modular Homes and RV sites have individual digital hydro meters. All Accommodations are Fully Furnished and Well Appointed. Other improvements include a Laundromat, Shower and Washroom Building, 20x30 Future Steel Building with 100 amp service, 20x20 workshop and a 10x40 storage building. An excellent investment for an RV Resort Owner/Operator or a Developer for High Density Multi-Family Residences.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business, Land
Lease Type:
Sale Of Shares
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.37 acre(s)
Taxes:
$12,581 / 2020
Total Building Area:
1,180 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Assessed:
1591000.0
Assessment year:
2020
Jurisdiction name:
City of Campbell River
Legal Description:
LOTS 2 & 3, DISTRICT LOT 72, SAYWARD DISTRICT, PLAN 34760
Zoning:
RM-3
Units in Community:
45
Occupancy:
Owner
Lot Site Features:
Acreage
Parking Features:
On Site
Road Frontage Type:
Highway
Business Type:
Mobile/Trailer Park
Total Units:
45
Date Listed:
May 26, 2021
Original Price:
3750000.0
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Data was last updated September 21, 2021 at 10:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,585,000
Min list price:
$45,000
Max list price:
$3,850,000
Avg days on market:
77
Min days on market:
22
Max days on market:
1,086
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
Roy Grant
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.