Opportunity to acquire a 100% freehold interest in The Westerly Hotel located at 1590 Cliffe Avenue, Courtenay, BC (the “Property”). The mixed-use Property is comprised of 67 one and two bed hotel suites operating under the Best Western brand along with 9,992 square feet of service oriented commercial retail area. Located along the primary arterial of Courtenay, Cliffe Avenue, the Property boasts excellent exposure and provides easy access to the nearby Downtown core of Courtenay.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Year built:
1979
(Age: 46)
Lease Type:
Sale Price
Listing General Location:
CV Courtenay City, Comox Valley
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
2.59 acre(s)1.05 hectare(s)
Taxes:
$159,966.44 /
2024
Number of Storeys:
3
Total Building Area:
9,992 sq. ft.928 m2
Leasable Area:
9,992 sq. ft.928 m2
Commercial Area:
Downtown
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
8898400.0
Assessment year:
2024
Jurisdiction name:
City of Courtenay
Legal Description:
LOT 1 SECTION 41 COMOX DISTRICT PLAN VIP68799 EXCEPT PLAN EPP76829
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Listed by Cushman & Wakefield ULC
Data was last updated April 16, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$842,450
Min list price:
$50,000
Max list price:
$23,500,000
Avg days on market:
92
Min days on market:
8
Max days on market:
327
These statistics are generated based on the current listing's property type
and located in
CV Courtenay City. Average values are
derived using median calculations.