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$699,900

512 5th St, Courtenay, BC, V9N 1K3

QuickQuoteTM: $613K - $822K
MLS® # 983314

1042 FEETSQ sqft

Property Information:

Discover this very unique 1000+ sqft gem in the heart of downtown Courtenay. Classic charm meets modern Convenience with a brand new roof, upgraded 200 amp electrical and four private parking spaces. The most central property in downtown Courtenay to have both a front and back yard, complete with 560 sqft frontdeck and 240 sqft of shed storage. Currently occupied month-to-month by a long term commercial tenant who is interested in a new multi-year lease. Secure a new lease or utilize the space yourself and capitalize on the prime 5th St. frontage foot traffic, or run your own business out front while leasing the office space in the back. Zoned C1, with both multi-family residential and commercial potential, this 5th Street property is a future development goldmine. Setbacks and zoning create the potential for a four storey building with commercial ground floor and residences above with unobstructed views of both glacier and ocean. Potential for 20000 sqft of commercial residential mix

Property Features:

  • Annual Tax Amount: $6,226
  • Building Features: Shopping Nearby, Transit Nearby, Visual Exposure
  • Exterior Features: Sign: Allowed
  • Floor Space (approx): 1042 Square Feet
  • Lot Features: Level
  • Lot Frontage: 6098 Square Feet
  • Lot Size: 6098.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Zoning: C1
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 4

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.

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Location of 512 5th St, Courtenay, BC, V9N 1K3

Demographic Information of 512 5th St, Courtenay, BC, V9N 1K3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,336.03

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.21 %

High school certificate or equivalent

32.83 %

Apprenticeship trade certificate/diploma

8.79 %

College/non-university certificate

21.9 %

University certificate (below bachelor)

0.97 %

University Degree

22.3 %

Commuter

Travel To Work

By Car

71.52 %

By Public Transit

0.0 %

By Walking

17.49 %

By Bicycle

3.99 %

By Other Methods

7.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.03 %

Houses

64.97 %

Own Vs. Rent