Commercial Real Estate in Gibsons available for sale
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Commercial Properties for Sale in Gibsons

Gibsons Commercial Property for Sale

More details for 771 Gibsons Way, Gibsons, BC - Retail for Sale

Kern's Plaza - 771 Gibsons Way

Gibsons, BC V0N 1V9

  • Retail for Sale
  • $7,998,000 CAD
  • 21,117 SF

Gibsons Retail for Sale

Property Overview Rare opportunity to acquire a high-profile commercial property in the heart of Upper Gibsons. The site is fully tenanted, generating current gross annual rents of approx. $428,000, with near-term escalations already in place. Net operating income (NOI) is approximately $315,000, reflecting a 3.95% cap rate at the asking price of $7,980,000. This provides strong in-place cash flow and stable tenant mix in one of the Sunshine Coast’s busiest commercial hubs. Redevelopment Potential The property spans 45,242 sq. ft. and is zoned C-1 (Commercial 1), permitting mixed-use development with ground-floor commercial and residential above. As-of-right zoning: • Up to 80% site coverage (~36,000 sq. ft. footprint) • 12 m height limit (3–4 storeys) • Apartments permitted above commercial Expanded development potential: • With Council support, massing studies indicate 4 residential floors (~132,000 gross sf) could yield 125–185 units (depending on suite size and efficiency). • A 5-storey residential scheme (~165,000 gross sf) could support ~155–230 units. • This positions the site as one of the largest mixed-use redevelopment opportunities on the Sunshine Coast. Investment Highlights Stable cash flow from existing leases (~$315,000 NOI) Redevelopment-ready with C-1 zoning in place Prominent Upper Gibsons location with strong visibility and access Scale: 45,242 sq. ft. site — one of the largest contiguous parcels in the area Future upside: Potential to create a mixed-use hub with significant new housing supply Offering Summary Asking Price: $7,980,000 Current NOI: ~$315,000 (3.95% cap) Lot Size: 45,242 sq. ft. Zoning: C-1 (Commercial 1) — mixed-use potential Future Density: Up to ~165,000 gross residential sq. ft. with amendment

Contact:

Sotheby's International Realty

Property Subtype:

Storefront

Date on Market:

2025-08-29

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More details for 837 Gibsons way, Gibsons, BC - Land for Sale

Hotel, Retail, Stratified or Rental Site - 837 Gibsons way

Gibsons, BC V0N 1V7

  • Land for Sale
  • $3,900,000 CAD
  • 1.30 AC Lot
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Commercial Properties for Sale in Gibsons

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How many commercial properties are available for sale in Gibsons?
There are currently 2 commercial properties available for sale in Gibsons, offering a unique opportunity for businesses to establish a presence.
How big are the commercial properties available for sale in Gibsons?
The average size of commercial properties available for sale in Gibsons is about 21,117 SF. The largest commercial properties available to buy is 21,117 SF and the smallest is 21,117 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.