Dallas King PREC, REALTOR with RE/MAX Generation, BCFSA licence 172638. Not intended to solicit properties already listed for sale or buyers or sellers already under contract.
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This 0 bedroom, 0 bathroom multi family is listed for sale at $1,749,000 in Campbell River, British Columbia. Built in 1979. Lot size: 16,988 sq ft (0.39 acres).MLS® #1040054.
Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development.
Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development.
A rare change to secure strong income today and substantial development value for tomorrow.
Looking for homes for sale in Campbell River? Browse Campbell River real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the CR Campbell River Central neighborhood. Part of the Campbell River area.
Property Type
Multi Family
Year Built
1979
Lot Size
16,988 sq ft(0.39 acres)
Bedrooms
0
Bathrooms
0
Area
Campbell River
Neighborhood
Campbell River Central
Listed
Jun 8, 2026
MLS® Number
#1040054
View comprehensive market analysis for Alder St 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 Alder St Market ReportExceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development.
Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development.
A rare change to secure strong income today and substantial development value for tomorrow.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Campbell River community, including the Campbell River Central neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$10,245
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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