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700 29th St 15,404 SF 100% Leased Industrial Building Courtenay, BC V9N 7S7 $2,889,666 USD ($187.59 USD/SF)
Investment Highlights
- Available with vacant possession, with the option to also acquire the existing appliance business and inventory.
- Roughly 20' clear height, with the showroom area currently built out with an 11' suspended ceiling.
- 14,504 SF main floor plus 900 SF mezzanine with minimal interior partitions, providing an efficient floor plate.
- High-profile 29th Street exposure with over 11,500 vehicles per day (VPD), in close proximity to Driftwood Mall and the Cliffe Avenue retail corridor.
- Equipped with a declining ramp, 12-foot overhead loading door, and 4-foot dock-height floor.
- Built in 2000 with 8-inch masonry block walls, a heavy concrete slab foundation with poured footings, and a torch-on membrane roof.
Executive Summary
Marcus & Millichap's Western Canada NNN Group is pleased to present the opportunity to acquire 700 29th Street, Courtenay, B.C. Designed with flexible loading and clear ceiling heights, the property accommodates a wide range of business operations and is well-suited for an owner-occupier. Its prominent 29th Street location offers excellent visibility in a growing commercial corridor.
Property Facts
| Price | $2,889,666 USD | Lot Size | 0.83 AC |
| Price Per SF | $187.59 USD | Rentable Building Area | 15,404 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2000 |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | ||
| Zoning | C-2 - Commercial Two Zone | ||
| Price | $2,889,666 USD |
| Price Per SF | $187.59 USD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.83 AC |
| Rentable Building Area | 15,404 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Clear Ceiling Height | 20’ |
| Zoning | C-2 - Commercial Two Zone |
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