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Listed price in listed location currency (CAD).
$649,900

004

MLS® 1023506

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $6,855
Days Active 2
Approx. Age 
MLS® Number 1023506

Property Address: 512 5th St, Courtenay, BC,

Average square foot calculated using Size range provided by listing agent.

Description

Positioned on prime 5th Street frontage in downtown Courtenay, this C1 zoned property presents a compelling opportunity for investors, owner users, or developers. The 1, 000+ sqft building offers immediate income with a long term commercial tenant currently on a month to month lease and open to a new multi-year agreement. Recent upgrades include a brand new roof and 200 amp electrical service, supported by four private parking stalls. As the most centrally located downtown property with both front and back yards, the site benefits from favorable setbacks and zoning that may allow for a four storey mixed-use development. Potential exists for up to 20, 000 sqft of commercial and residential space, including a commercial ground floor and residential units above with glacier and ocean views. A rare opportunity to secure income today while unlocking significant redevelopment upside tomorrow.
MLS® Number1023506
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$649,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
512 5th St, Courtenay, BC

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