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Bank of Montreal 585 England Ave 5,885 SF Retail Building Courtenay, BC V9N 2N2 $4,000,000 CAD ($679.69 CAD/SF)
INVESTMENT HIGHLIGHTS
- Prominent corner location strategically positioned in a downtown Courtenay.
- Centrally located within the urban, cultural and commercial core of the Comox Valley.
- Single-tenant financial institution leased to The Bank of Montreal (BMO) on a carefree, fully net lease with remaining terms until 2030.
- Positioned close to a wide variety of national, regional and local retailers, such as Shoppers Drug Mart and numerous Canadian financial institutions.
EXECUTIVE SUMMARY
585 England Avenue occupies an exceptional corner location at the intersection of England Avenue and 6th Street in Courtenay, British Columbia. The Property is located within the downtown core of Courtenay, which has emerged as the urban and cultural hub to the larger community of the Comox Valley due to its offering of a range of national and local retailers. Courtenay also benefits from its close proximity to amenities such as an international airport, regional hospital, college, mainland ferry terminal and Mount Washington Alpine Resort along with trails, beaches, rivers and lakes.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
5,885 SF
Building Class
B
Year Built
1956
Price
$4,000,000 CAD
Price Per SF
$679.69 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.38 AC
Zoning
C-1
Parking
6 Spaces (1.02 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Bus Line
- Corner Lot
- Security System
- Signage
- Air Conditioning
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
1 of 4
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Bank of Montreal | 585 England Ave
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