464 Island Hwy E, Parksville

Type: Commercial
Added: 1 week ago
Updated: 1 week ago
Last Checked: 5 hours ago
Listed by: Royal LePage Parksville-Qualicum Beach Realty (PK)
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Listing description
This Commercial listing at 464 Island Hwy E Parksville, BC with the MLS Number 1011373 listed by Clinton Miller - Royal LePage Parksville-Qualicum Beach Realty (PK) on the Parksville market 1 week ago at $4,800,000.

Very rare investment opportunity at a very attractive cap rate! This fantastic property is located on a high-exposure 1.21 acre lot in the heart of Parksville, and features three solid cinder block buildings with a total of 16,548 square feet. This well-maintained complex offers a strong foundation for a wide range of business ventures. Currently 100% occupied, the property provides immediate income potential with the security of established tenants with solid leases in place. With its generous lot size and multiple buildings, this site offers both flexibility and long-term investment value in a thriving commercial location. Opportunities like this don’t come along often, so don't hesitate and secure this proven income-generating property today. (id:1945)

Property Details Key information about 464 Island Hwy E

Structure Type: Other

Exterior & Lot Features Learn about the exterior and lot specifics of 464 Island Hwy E

Lot Size Units: acres
Lot Size Dimensions: 1.21

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Nearby Listings Stat Estimated price and comparable properties near 464 Island Hwy E

Active listings

224

Min Price

$19,999

Max Price

$4,850,000

Avg Price

$818,500

Days on Market

58 days

Sold listings

Min Sold Price

$54,900

Max Sold Price

$2,099,900

Avg Sold Price

$676,276

Days until Sold

70 days

Nearby Places Nearby schools and amenities around 464 Island Hwy E

Boston Pizza (0.2 km)
430 E Island Hwy, Parksville

Sushi Ichi (0.2 km)
541 E Island Hwy, Parksville

SUSHI DECO! (0.7 km)
261 E Island Hwy, Parksville

Tigh-Na-Mara Seaside Spa Resort & Conference Centre (2.5 km)
1155 Resort Dr, Parksville

Landing West Coast Grill The (4.6 km)
1600 Stroulger Rd, Nanaimo District

Quality Foods (0.5 km)
319 E Island Hwy, Parksville

Naked Naturals Whole Foods Ltd (1.2 km)
142 Alberni Hwy, Parksville

Thrifty Foods (0.6 km)
280 E Island Hwy, Parksville

Lefty's Fresh Food Restaurant (0.6 km)
280 E Island Hwy #101, Parksville

Vancouver Island University, Parksville-Qualicum Centre (1 km)
100 Jensen Ave E, Parksville

Riverbend Cottage & RV Resort (1.3 km)
924 E Island Hwy #1, Parksville

Rathtrevor Beach Provincial Park (2.2 km)
Parksville

Pacific Shores Resort & Spa (4.6 km)
1600 Stroulger Rd, Nanoose Bay

Little Qualicum Cheeseworks (5.1 km)
403 Lowrys Rd, Parksville

Qualicum Beach Airport (7.4 km)
1000 Ravensbourne Ln, Qualicum Beach

Price History

Listed

August 25, 2025

by Royal LePage Parksville-Qualicum Beach Realty (PK)

Commercial For Sale

$4,800,000

464 Island Hwy E, Parksville

Listing description This Commercial listing at 464 Island Hwy E Parksville, BC with the MLS Number 1011373 listed by Clinton Miller - Royal LePage Parksville-Qualicum Beach Realty (PK) on the Parksville market 1 week ago at $4,800,000.

Nearby Listings Stat Estimated price and comparable properties near 464 Island Hwy E

Nearby Places Nearby schools and amenities around 464 Island Hwy E

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 464 Island Hwy E Parksville, BC with the MLS Number 1011373 listed by Clinton Miller - Royal LePage Parksville-Qualicum Beach Realty (PK) on the Parksville market 1 week ago at $4,800,000.