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This 0 bedroom, 0 bathroom business is listed for sale at $499,900 in Courtenay, British Columbia. Lot size: 7,841 sq ft (0.18 acres).MLS® #1037869.
Charming and full of future potential, this MU-4 zoned property offers excellent opportunity in the heart of Courtenay. Ideally situated within walking distance to vibrant 5th St shops, restaurants, professional services and transit, the property presents strong mixed use and redevelopment possibilities. The existing building features over 1,300 Sq ft of which 803 sq ft above functional office space, 693 sq ft of under height (6'4) basement with separate entrance provides excellent storage or work space with excellent street appeal and flexible layout options, live/work, boutique retail, or holding investment purposes.
The .18 acre lot provides additional development potential under the City of Courtenay's MU 4 Zoning allowing for a variety of residential and commercial uses. High visibility location with convenient access to downtown Courtenay.
Looking for homes for sale in Courtenay? Browse Courtenay real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the CV Courtenay City neighborhood. Part of the Comox Valley area.
Property Type
Business
Lot Size
7,841 sq ft(0.18 acres)
Bedrooms
0
Bathrooms
0
Area
Comox Valley
Neighborhood
Courtenay City
Listed
Feb 26, 2026
MLS® Number
#1037869
View comprehensive market analysis for McPhee Ave 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 McPhee Ave Market ReportCharming and full of future potential, this MU-4 zoned property offers excellent opportunity in the heart of Courtenay. Ideally situated within walking distance to vibrant 5th St shops, restaurants, professional services and transit, the property presents strong mixed use and redevelopment possibilities. The existing building features over 1,300 Sq ft of which 803 sq ft above functional office space, 693 sq ft of under height (6'4) basement with separate entrance provides excellent storage or work space with excellent street appeal and flexible layout options, live/work, boutique retail, or holding investment purposes.
The .18 acre lot provides additional development potential under the City of Courtenay's MU 4 Zoning allowing for a variety of residential and commercial uses. High visibility location with convenient access to downtown Courtenay.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Comox Valley community, including the Courtenay City neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$4,000
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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