$ 1,950,000

961 Island Hwy E, Parksville

A truly rare opportunity to acquire this unique 2.19 acre property in one of Parksville's most desirable locations. Ideally situated on the edge of world-renowned Rathtrevor Provincial Park, this exceptional property offers direct proximity to the park's sandy beaches, natural beauty and year round tourism. Zoned CD-18 Resort Commercial, this levelled property provides outstanding development flexibility, including the potential to establish an RV park or campground, along with other resort-oriented uses permitted in the zoning. With that zoning in place, the groundwork for future development is well under way, making this a strategic investment opportunity in a highly sought-after coastal destination. The property also features a charming log cabin building operating as a small corner store with a 4-5 bedroom suite above, offering potential for on-site management , rental income or future redevelopment as part of the overall vision. Building area is approximate. Opportunities to acquire resort-zoned land adjacent to Rathtrevor Park are extremely limited. Whether you are an investor, developer or visionary looking to create a destination property, this offering presents exceptional potential in one of Vancouver Island's most iconic recreational locations. BY APPOINTMENT ONLY. DO NOT GO INTO THE STORE AND ASK QUESTIONS. (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Property details for 961 Island Hwy E, Parksville

Type
Commercial
Lot Size
2.19
Ownership
Freehold
Annual Taxes
$12,450

Nearby Listings Stat

Estimated price and comparable properties near 961 Island Hwy E

Active Listings
89
Min Price
$39,900
Max Price
$1,950,000
Avg Price
$637,928
Days on Market
103
days
Sold Listings
33
Min Sold Price
$35,000
Max Sold Price
$1,295,000
Avg Sold Price
$593,600
Days until Sold
127
days

Neighbourhood Census Data

Nanaimo G, British Columbia / Colombie-Britannique

Population
511
Median Age
59.9
Median Income
$33,237
Dwelling Value
$696,945

Housing Tenure

Owners 77%
Renters 26%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 133.7/km²
Avg Shelter Cost: $831/mo
Owners with Mortgage: 28.1%
Owners Spending 30%+: 15.6%
Tenants Spending 30%+: 72.7%
English only: 88.2%
English and French: 12.7%
Median Household Income: $73,216
Median Employment Income: $18,944

Price History

Listed
October 9, 2026
by eXp Realty (NA)
Current Price
$1,950,000
-25% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $1,950,000 $650,000 (-25%)
Oct 9, 2026 $2,600,000 Listed

Contact Agent Get in touch about 961 Island Hwy E, Parksville

Wolf Isachsen
Wolf Isachsen
eXp Realty (NA)

Similar Commercial Listings near 961 Island Hwy E, Parksville, BC V9P2E2

Comparison of 961 Island Hwy E, Parksville, BC with Nearby Commercial Listings