Vancouver Island Homes for Sale

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1266 S Island Hwy
CR Campbell River Central Campbell River V9W 1B5

$1,799,000
Commercial Sale

Fabulous, near acre development site on the seawalk, with unobstructed ocean views.
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
983843
Ocean View RM2 Luxury townhouse development opportunity, located along Campbell River's newly updated sea walk. This 0.92 parcel has unobstructed Ocean Views of Quadra Island, the Discovery Passage and daily wildlife and marine activity. A development permit has already been approved with the city for 6 luxury townhouses, in a 3-duplex arrangement with varying heights, featuring private deck spaces, elevators and 2-3 car garages. The designs and innovation are unlike anything currently available on Vancouver Island. Semi-waterfront property along the seaside boulevard is becoming a rare commodity and scarce to hit the market. Is this the development you've been searching for? Call your realtor for details. Full development package, Geotech assessment, site details available to qualified innovators, or bring a new idea to the table and start building.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.92 acre(s)
Taxes:
Electricity:
Yes
Ceiling Heights:
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Ocean
Close to the Rockland roundabout, along the seawalk, right after the pedestrian crossing. Please park in city parking spots to view/walk w/appt
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:
RM2
Units in Building:
Units in Community:
Occupancy:
Partially Occupied
Utilities:
Cable Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available, Recycling
Lot Site Features:
Central Location, Cleared, Easy Access, Level, Marina Nearby, Park Setting, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Southern Exposure
Parking Features:
On Site
Total Parking Spaces:
20
Total Units:
Date Listed:
Jan 07, 2025
Original Price:
1799000.0
  • Photo 1: 1266 S Island Hwy Campbell River BC
    Fabulous, near acre development site on the seawalk, with unobstructed ocean views.
  • Photo 2: 1266 S Island Hwy Campbell River BC
    Rending of proposed development
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    Stunning, unobstructed ocean views of Discovery Passage, Quadra Island, passing marine activity and wildlife.
  • Photo 4: 1266 S Island Hwy Campbell River BC
    Proposed development, package available upon request
  • Photo 5: 1266 S Island Hwy Campbell River BC
    Watch the cruiseships and marine activity through the passage and beyond.
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    No value given to the existing dwelling, subject to tenancy.
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    Newly updated hwy, seawalk, sidewalks and road frontage. Mere steps to the beach and the famous Big Rock of Campbell River.
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Virtual Tour

Listed by Engel & Volkers Vancouver Island North
Data was last updated January 8, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,500,000
Min list price:
$320,000
Max list price:
$3,999,900
Avg days on market:
127
Min days on market:
1
Max days on market:
300
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.
TICARA COERTZE
STEVE GILLESPIE
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.