961 Alder St
CR Campbell River Central Campbell River V9W 2R1

$1,990,000
Commercial Sale

Main Photo: 961 Alder St in Campbell River: CR Campbell River Central Mixed Use for sale : MLS®# 987901
Photo 1: 961 Alder St in Campbell River: CR Campbell River Central Mixed Use for sale : MLS®# 987901
Photo 2: 961 Alder St in Campbell River: CR Campbell River Central Mixed Use for sale : MLS®# 987901
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
987901
Investment Opportunity 9084 Sq ft building located in downtown core near major businesses and amenities.High foot traffic area and access to public transportation. Strong tenant profile with an establishhed financial institution as anchor plus restaurant and office. Long term leases are in place with favorable terms. Ideal for investors seeking reliable cash flow and a healthy return on their investment. Ample parking. C1A zoning provides for a range of commercial uses as well as hign density residential uses in this location.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
13,939 sq. ft.
Taxes:
$29,534 / 2024
Total Building Area:
9,084 sq. ft.
Leasable Area:
9,084 sq. ft.
Commercial Area:
Not Applicable
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Cooperating Brokerage Fee: 3% of the 1st $100,000.00 and 2% of the balance with 1st physical intro
Assessed:
1880000.0
Assessment year:
2025
Jurisdiction name:
City of Campbell River
Legal Description:
Lot 3, of DL 69, Sayward District, Plan 4527, except that part thereof lying to the SE of a boundary parallel to and perpendicularly distant 25 ft from the SE boundary of said lot 3, and except those parts in Plans 17228 smf 26197
Zoning:
C1-A
Occupancy:
Tenant
Parking Features:
On Site
Total Units:
3
Date Listed:
Feb 11, 2025
Original Price:
1990000.0
  • Photo 1: 961 Alder St in Campbell River: CR Campbell River Central Mixed Use for sale : MLS®# 987901
    Photo 1 of 2
  • Photo 2: 961 Alder St in Campbell River: CR Campbell River Central Mixed Use for sale : MLS®# 987901
    Photo 2 of 2
Data was last updated March 14, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,144,500
Min list price:
$25
Max list price:
$3,999,900
Avg days on market:
58
Min days on market:
3
Max days on market:
365
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.