Property Description
This turnkey mixed-use property in the heart of Parksville offers strong cash flow and minimal hassle. Generating $4,700/month, it features a fully leased 1,082 sq ft commercial space with a stable 5-year tenant and a beautifully updated 2 bed suite below (888 sq ft). Both units have level access, making them easy to rent and manage. The commercial unit includes a reception area, four offices, break space, and laundry—ideal for professional tenants. The lower suite is bright, modern, and opens to a private backyard. With 10+ dedicated parking stalls and street parking, tenant and client convenience is unmatched. Zoned for mixed use and walkable to all amenities, this is an ideal asset for investors seeking reliable income and long-term upside in a growing market.
Property Details
MLS #:
1032011
ID #:
31025279
Type:
Commercial Sale
Sub-Type:
Mixed Use
Area:
Parksville/Qualicum
Sub-Area:
PQ Parksville
Status:
Active
Lot Size:
0.16 acres
Property Tax:
$7,467 (2025)
Days on Market:
1 days
Listing provided by Royal LePage Island Living (PK)
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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