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1221 CEDAR STREET in CAMPBELL RIVER: Z1 Campbell River Central Building And Land for sale (Zone 1 - Campbell River) : MLS®# 461504

1221 CEDAR STREET CAMPBELL RIVER V9W 2W4 : Z1 Campbell River Central

Main Photo: 1221 CEDAR STREET in CAMPBELL RIVER: Z1 Campbell River Central Building And Land for sale (Zone 1 - Campbell River)  : MLS®# 461504
$999,800
Prop. Type:
Building And Land
MLS® Num:
461504
Status:
Active
Bus Major:
Commercial
Great opportunity to redevelop a fantastic central downtown Campbell River location. Current building has approx 4800 square feet on 2 floors totalling over 9600 square feet. C-1B zoning will allow for a multitude of uses. Some options include residential apartments or mixed use residential & commercial use. This would also be a excellent corporate location or a professionals office building, such as doctors, lawyers, accountants or specialists location. Currently there is a 120 seat restaurant operating on the ground level with two separate suites upstairs, one with 4 bedrooms and one with 6 bedrooms, total of 10 bedrooms. Upstairs has two entrance ways and could easily be redeveloped into more rental suites. Lots of parking on site as well as good street parking. Could be a great revenue producing property. Property is ripe for redevelopment. Restaurant business has been operating for 50 years is also for sale, also vacant lot next door could be purchased separately.
Total Floor Area:
Switch units of measure9,600 sq. ft.
Year Built:
1979
Lot Size:
Switch units of measure0.33 acre(s)
Lot Shape:
RECTANGULAR
Unit Rentable Area:
Switch units of measure9,600 sq. ft.
Property Type:
Building And Land
Title:
Freehold
Major Business Type:
Commercial
Business Name:
ROSEBOWL RESTAURANT BUILDING AND LAND
Air Conditioning Fully, Shopping Area, Signs Allowed, Store Front, Wheelchair Access
Land And Services:
Level, Public Trans. Nearby, Shopping Nearby, Views
Date Listed:
Sep 26, 2019
Original Price:
$999,800
Data was last updated November 22, 2019 at 03:10 AM (UTC)
Paul  Stapley