About The Hidden Alley

Landmark Highway Mixed Use commercial building in the heart of Coombs alomg the highway between Parksville and Qualicum Beach. Consists of 13 units and Fully Rented providing a net income north of 8%,2 double commercial units and 2 single units, 6 storage lockers and a one bedroom suite makes for great diversity and security in your investment.Long term tenants over 10 years mostly make this a safe investment. Excellent location with highway frontage and great parking. Brings in fantastic revenue while still at below average lease rates. C-2 Zoning allows for many possibilities. Nice electrical with 800 amps (6X 100 amp & 1 X 200 amp) service electrical, with individual meters.Replacement costs alone are over the asking price.Fully Leased.Easy to maintain, easy to own, priced to sell at only $525'000!!!
  • Dedicated parking
  • Highway access
  • Outdoor signage
  • Property Type Retail
  • Zoning C2
  • Status Existing
  • Sale Price $525,000
  • Net Operating Income $42,000
  • Total Available Space 5,313 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
  • Building Size 5,313 SF
  • Year Built 1994
  • Year Renovated 2010
  • Managed By Coldwell Banker Commercial

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