New upgrades include electrical and heating as well as interior and exterior renos. Property has an cap rate is better than 10%. ! Don't miss out on this rare opportunity to own commercial frontage on the Alberni Highway through the eclectic town of Coombs, known for it's "Goats on the Roof" and the Coombs Fair Grounds. Half of this building formerly served as the Coombs Hall and still has the original solid oak dance floor. This prime location is at the entrance to Coombs Fair Grounds and is directly across the Alberni Highway from the soon to to built tourist train depot. The building contain 3,695 square feet of rentable floor area, including two storefronts and residence/studio in the rear. The main hall and other storefront are presently rented for $5,000 monthly, with both side occupied by a long term commercial tenant. Including the commercial front and rear units, this property presently gross $6,000 in monthly rent. View by appointment only please. Call today to view!
Listing courtesy of Courtenay Comox Realty Ltd..
Listing content Copyright 2019 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.