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Beachfront Hotel on Vancouver Island 310 Island Hwy W 10,800 SF Retail Building Parksville, BC V9P 1K8 $5,300,000 CAD ($490.74 CAD/SF)
Executive Summary
Rare opportunity to acquire beachfront hotel on Vancouver Island in one of the top beach towns for tourists. Over half acre property features 21 rooms with ocean views and recent renovations. Undeveloped parcel allows for future expansion. Zoning allows for hotel and commercial uses. Owner was planning redevelopment and has architectural plans for larger beachfront hotel on the property.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
10,800 SF
Building Class
C
Year Built
1970
Price
$5,300,000 CAD
Price Per SF
$490.74 CAD
Building Height
2 Stories
Building FAR
0.25
Lot Size
1.00 AC
Zoning
C-3 - Commercial
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 2
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Beachfront Hotel on Vancouver Island | 310 Island Hwy W
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