Rare investment opportunity in one of Vancouver Island's most desirable coastal communities. This 25-unit, tow-storey motel offers steady month-to-month rental income and an exceptional semi-waterfront location with unobstructed ocean views. Situated on a generous 0.86-acre parcel, the property features a spacious manager's suite, ample on-site parking, a convenient coin-operated laundry facility, and strong long-term income potential. Ideally positioned directly across from Campbell River's renowned Seawalk, guests and tenants enjoy easy access to the waterfront, beaches, marina and boat launch, fishing, parks, restaurants, cafes, shopping, and countless outdoor recreation opportunities. With its high-visibility location, established occupancy, and future upside in a thriving coastal destination, this is an outstanding opportunity for investors seeking a well-located income-producing property with excellent long-term potential.
Address
920 Island Hwy S
List Price
$3,999,999
Property Type
Commercial Sale
Type of Dwelling
Business
Transaction Type
Sale
Area
Campbell River
Sub-Area
CR Campbell River Central
Lot Size
37461.6 Sq. Ft.
Lot Size (Acres)
0.86 Ac.
MLS® Number
1042676
Listing Brokerage
REMAX Ocean Pacific (CR)
Postal Code
V9W 1B1
Tax Amount
$27,424.00
Tax Year
2025
Features
Baseboard, Electric, Mixed
Amenities
Easy Access, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby