464 Island Hwy E, Parksville, BC
$4,800,000
Square feet
Acres
About 464 Island Hwy E
Very rare investment opportunity at a very attractive cap rate! This fantastic property is located on a high-exposure 1.21 acre lot in the heart of Parksville, and features three solid cinder block buildings with a total of 16,548 square feet. This well-maintained complex offers a strong foundation for a wide range of business ventures. Currently 100% occupied, the property provides immediate income potential with the security of established tenants with solid leases in place. With its generous lot size and multiple buildings, this site offers both flexibility and long-term investment value in a thriving commercial location. Opportunities like this don’t come along often, so don't hesitate and secure this proven income-generating property today.
Commercial Sale home for sale in Parksville, BC at 464 Island Hwy E. This Commercial Sale home is priced at $290/sqft
Features of 464 Island Hwy E
| MLS® # | 1011373 |
|---|---|
| Price | $4,800,000 |
| Square Footage | 16,548 |
| Acres | 1.21 |
| Type | Commercial Sale |
| Sub-Type | Other |
| Status | Active |
Community Information: Parksville
| Address | 464 Island Hwy E |
|---|---|
| Area | PQ Parksville |
| City | Parksville |
| County | Parksville, City of |
| Province | BC |
| Postal Code | V9P 2H4 |
Amenities of 464 Island Hwy E
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior of 464 Island Hwy E
| Fireplace | No |
|---|
Additional Information On 464 Island Hwy E
| Date Listed | August 22nd, 2025 |
|---|---|
| Days on Market | 71 |
| Office | Royal LePage Parksville-Qualicum Beach Realty (PK) |