Forgot password Extend Verify Contact

827 Alder St
CR Campbell River Central Campbell River V9W 2P4

$2,900,000
Commercial Sale

Main Photo: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
Photo 1: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
Photo 2: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
Photo 3: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
Photo 4: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
988747
Attention Developers & Investors! Don't miss this rare opportunity to own a prime multi-family future development property in the growing community of Campbell River, BC. This exceptional package includes four contiguous properties—one vacant lot, one apartment building, and two residential lots currently rented to 10 tenants, providing immediate rental income. With a total land size of 1.1 acres, this property offers incredible development potential. A comprehensive development application could allow for a 34-unit multi-family project, making this a fantastic investment in a high-demand area. To top it off, the properties offer stunning ocean views, adding to their long-term value and appeal. Opportunities like this don’t come around often!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.1 acre(s)
Taxes:
Ceiling Heights:
Total Building Area:
0 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
RM-3 & R1
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Central Location, Easy Access
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Mar 11, 2025
Original Price:
2900000.0
  • Photo 1: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
    Photo 1 of 4
  • Photo 2: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
    Photo 2 of 4
  • Photo 3: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
    Photo 3 of 4
  • Photo 4: 827 Alder St in Campbell River: CR Campbell River Central Multi Family for sale : MLS®# 988747
    Photo 4 of 4
Listed by RE/MAX Check Realty
Data was last updated March 13, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,199,999
Min list price:
$25
Max list price:
$3,999,900
Avg days on market:
55
Min days on market:
2
Max days on market:
364
These statistics are generated based on the current listing's property type and located in CR Campbell River Central. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.