2116 Alberni Hwy, Errington BC V0R 1M0
$5,999,900
00
2116 Alberni Hwy, Errington BC V0R 1M0 - Mixed Use for Sale in Errington, BC
This 0 bedroom, 0 bathroom mixed use is listed for sale at $5,999,900 in Errington, British Columbia. Lot size: 908,226 sq ft (20.85 acres).MLS® #1024726.
Prime investment opportunity in Errington, BC, offered significantly below its assessed value and replacement cost. Set on 20+ acres of level, fertile land, the property features 38,500+ sq ft of improvements, including a 26,000 sq ft state of the art cannabis production facility constructed in 2018/2019 with production and processing licenses in place. An additional 8,810 sq ft warehouse is rented to an agricultural grower, providing holding income, with two residential suites offering further rental potential.
Zoning CD 16 allows a wide range of uses including farm, dwelling, retail, restaurant, and farm business. Ideally located 8 minutes to Parksville, 36 minutes to Departure Bay ferry terminal, and 43 minutes to Nanaimo Airport. Highway frontage near the popular Coombs Market offers excellent exposure and future producer retail store potential.
Licensed facilities of this scale rarely come to market, offering substantial long term upside.
Looking for homes for sale in Errington? Browse Errington real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Parksville/Qualicum area.
$5,999,900
For Sale
1 / 99
2116 Alberni Hwy, Errington BC V0R 1M0
Errington, BC V0R 1M0
MLS® #1024726
REMAX Professionals (NA)
0beds
0baths
Property Details
Property Type
Mixed Use
Lot Size
908,226 sq ft(20.85 acres)
Bedrooms
0
Bathrooms
0
Neighborhood
Errington/Coombs/Hilliers
MLS® Number
#1024726
Alberni Hwy Market Report
View comprehensive market analysis for Alberni Hwy including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Alberni Hwy Market ReportDescription
Prime investment opportunity in Errington, BC, offered significantly below its assessed value and replacement cost. Set on 20+ acres of level, fertile land, the property features 38,500+ sq ft of improvements, including a 26,000 sq ft state of the art cannabis production facility constructed in 2018/2019 with production and processing licenses in place. An additional 8,810 sq ft warehouse is rented to an agricultural grower, providing holding income, with two residential suites offering further rental potential.
Zoning CD 16 allows a wide range of uses including farm, dwelling, retail, restaurant, and farm business. Ideally located 8 minutes to Parksville, 36 minutes to Departure Bay ferry terminal, and 43 minutes to Nanaimo Airport. Highway frontage near the popular Coombs Market offers excellent exposure and future producer retail store potential.
Licensed facilities of this scale rarely come to market, offering substantial long term upside.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$31,500
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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