Commercial building in desirable downtown Campbell River. 940 Island Hwy has been well cared for by the original owner, offering 4,000 sqft of leasable area, beautiful ocean views, excellent stable tenants on the main floor, and the second floor is ready to occupy or lease out. Rarely do commercial properties like this become available. The exposure is fantastic, there is parking for 9 behind the building, a newer 5-ton heat pump, resurfaced torch-on roof in 2025, and unobstructed ocean views. Great value for an owner occupant or lease out and you’ll achieve a 6% CAP.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
5,840 sq. ft.543 m2
Taxes:
$16,663.59 /
2025
Building Features:
High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Block, Cement Fibre, Frame Wood, Insulation All
Foundation:
Slab
Number of Storeys:
2
Floor finish:
Mixed
Total Building Area:
3,900 sq. ft.362 m2
Commercial Area:
Downtown
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump, Natural Gas
Fireplace:
No
Pending Date:
Jul 08, 2026
Date Sold:
Jul 31, 2026
Real Estate
Lighting, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Assessed:
718000.0
Assessment year:
2025
Jurisdiction name:
City of Campbell River
Legal Description:
LOT 1, PLAN VIP21655, DISTRICT LOT 69, SAYWARD LAND DISTRICT
Zoning:
C-1
Units in Community:
3
Occupancy:
Tenant
Lot Site Features:
Central Location, Marina Nearby, Shopping Nearby, Sidewalk