Commercial Strata Lot in Downtown Comox
For Sale: Commercial Strata Lot in Downtown Comox $409,000 Commercial Strata Lot located at1 841 Comox Avenue. Zoning: Core Commercial C4.1 Current use: Professional and retail. Additional uses available under Zoning. Rare opportunity to own a Strata Titled Commercial Unit in a well built Downtown Comox Commercial building. The building was constructed in 1997 and it and the grounds have been well maintained by the Strata Association since inception. The building is comprised of three Commercial Strata Lots. Strata Lot 1, is on the lower floor, walk in office space fronting onto Beaufort Avenue. Strata Lot 2, is on the main floor, walk in office space fronting onto Comox Avenue. Strata Lot 3, is on the upper floor, internal stair way access fronting onto Comox Avenue. Strata Lot 1 is for sale. Legal Description: Strata Lot 1, Section 56, Comox District, Plan VIS4095, together with and interest in the Common Property in proportion to the Unit Entitlement of the Strata Lot as Shown on Form 1. Strata Lot 1 Area: 127.6 square metres (approximately 1373 square feet). Civic Address: 1-1841 Comox Avenue & 2-1841 Comox Avenue Strata Lot 1 can be accessed by either the staircase from Comox Avenue, or by the parking lot that fronts onto Beaufort Avenue. Strata Lot 1 is south facing, offering large windows bringing in natural light and exceptional views of the Beaufort Range. It is currently carpeted, with a drop ceiling. Strata Lot 1 itself currently comprises two separate office units divided by a demising wall; Unit 1-1841 Comox Avenue (approximately 915 square feet), and Unit 2-1841 Comox Avenue (458 square feet). Unit 1 was vacated at the end of January 2019, and Unit 2 is currently owner occupied. Several options for purchase are available. 1) Strata Lot 1 is for sale as a whole to be used in its entirety by the purchaser in whatever manner required. The existing owner tenant presently occupying 1/3 of the Strata Lot would vacate the premises. 2) If only 2/3 of the area is needed for your use at this point, the owner/tenant comprising the other 1/3 would consider renting back from the purchaser if the entire unit was purchased. As a starting point for discussion, rent evaluations have been calculated based on a square foot multiplier and triple net costs, and are available upon request, based on retail/professional space in the area. 3) If only 2/3 of Strata Lot is desired for purchase, a sale of 2/3 interest, (comprising Unit 1) and 1/3 interest (comprising Unit 2) could be done as tenants in common. Further information available upon request. A demising wall was built when the building was constructed to create two office spaces; Unit 1 being approximately 915 square feet and Unit 2 approximately 458 square feet. Each unit is self contained with its own bathroom (toilet, sink, shower and individual hot water tank). Thus the entire Strata Lot comprises two bathrooms should the Strata Lot be reconfigured internally, which may be beneficial depending upon your requirements. The building exterior is hardie plank siding with wood trim. The entire building along with the wrought iron railing and trim were repainted in 2006 and 2018. The building operating budget and fund, and contingency budget and fund, have been well maintained throughout the course of the 21 year life of the building. All operating expenses and contingency payments having being paid with no special assessments. Additional information available upon request in PDF format: • Title Search • Common Property Search • Town of Comox Zoning Bylaw C4.1 • Strata Plan VIS4095 • Detail of Strata Lot 1 Plan VIS4095 • Strata Property Act Section 120 – Standard Bylaws • Strata Lot 1 Information Sheet showing; last four years BC Assessment Office Notices, Town of Comox Property Taxes, Strata Fees and BC Hydro costs • Estimated rental amount valuation for discussion purposes for purchase option two Note: the photographs show the space for Unit 1. Unit 2 is available for viewing upon contacting us to arrange for an appointment. Please email for further information and thank you for viewing our property.
- Ad Type: Offering
$ 409000 In stock 2020-02-20 https://ohmy.ca/courtenay-cumberland/real-estate/room-rental-roommates/commercial-strata-lot-in-downtown-comox_428373.html
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