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940 Island Hwy
CR Campbell River Central Campbell River V9W 2C3

$1,279,000
Commercial Sale

Main Photo: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 1: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 2: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 3: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 4: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 5: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 6: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 7: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 8: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Photo 9: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1002481
Investor Alert! Commercial building in highly desirable area of downtown Campbell River. 940 Island Hwy has been well cared for by the original owner, offering over 4,000 sqft of leasable area, beautiful ocean views, and has an excellent stable tenant mix. Rarely do commercial properties like this become available. The exposure is fantastic, there is parking for 9 behind the building, a new 5-ton heat pump, resurfaced torch-on roof, and unobstructed ocean views. The CAP rate is est. 6.5%. Don’t miss out on this turn key property.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5,840 sq. ft.
Taxes:
Building Features:
High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Block, Frame Wood, Insulation All, Wood
Foundation:
Slab
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
4,043 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump, Natural Gas
Fireplace:
No
Pending Date:
Lighting, Sign: Allowed
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
C-1
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Marina Nearby
Parking Features:
On Site
Total Parking Spaces:
9
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 05, 2025
Original Price:
1279000.0
  • Photo 1: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
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  • Photo 9: 940 Island Hwy in Campbell River: CR Campbell River Central Retail for sale : MLS®# 1002481
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Listed by RE/MAX Ocean Pacific Realty (CX)
Data was last updated June 24, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$649,000
Min list price:
$250,000
Max list price:
$3,999,900
Avg days on market:
99
Min days on market:
15
Max days on market:
351
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
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.