674 MEMORIAL Ave

674 MEMORIAL Ave · Qualicum Beach · Commercial Mix · $2,700,000 · MLS 1029859

Qualicum Beach, British Columbia

C$2,700,000

For sale

674 MEMORIAL Ave is located in Qualicum Beach. Property snapshot: Commercial Mix, listed at $2,700,000, MLS 1029859. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 73. Latest recorded list price 2700000.00.

List Price: $2,700,000

MLS: 1029859

Days on Site: 73

Price History: Latest recorded list price 2700000.00

Local Decision Guide

How should buyers evaluate 674 MEMORIAL Ave?

Start by reading this listing in its Qualicum Beach context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 674 MEMORIAL Ave?

This page shows a list price of $2,700,000 with MLS 1029859.

What type of home is this Qualicum Beach listing?

The page shows Commercial Mix at 674 MEMORIAL Ave. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 73 days on market/site. Latest recorded list price 2700000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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Remarks

INVESTOR Alert! Fully tenanted investment opportunity in desirable downtown Qualicum Beach on beautiful Vancouver Island. This offering includes two commercial buildings being sold together as one interdependent package, providing an attractive cap rate. The first building built 2006 features four separately hydro-metered commercial zoned strata retail units with a loading bay. The second building consists of a single-use retail bookstore tenancy. Zoned commercial and conforming, this is a strong income-producing two building asset in one of Vancouver Island’s most sought-after destination communities. Excellent anchor tenants include a retail Gift Store, Pet Supply Company, Book Store, a modern Beauty Salon, and an Electronics/ Alarm Installation Store. The property benefits from access on both Memorial Avenue and Fir Street with a shared loading dock around back, offering outstanding retail exposure, convenience, and functionality for tenants and customers alike. Plenty of come and go street parking, located in a vibrant tourist town with strong walk-by traffic and high vehicle counts, this is a rare opportunity to acquire a proven revenue-producing commercial holding in the heart of downtown Qualicum Beach. All data and measurements are approximate and should be verified if important. Showings after or before business hours. (id:56153)