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)
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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 |