Hilliers · Commercial Sale · MLS® 1025489
3117 Van Horne Rd, Hilliers
$3,099,000
161Days on Market
About this property
ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.
Features & details
DDF Property Type
Other
Building Type
Commercial Mix
Land Size
57,499 sq ft (1.32 acres)
Property Type
Mixed Use
Location
Brokerage
Listed by Royal LePage Nanaimo Realty (NanIsHwyN).
Information is deemed reliable but not guaranteed.
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