674 Memorial Ave, Qualicum Beach
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:1945)
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Property details for 674 Memorial Ave, Qualicum Beach
- Type
- Commercial
- Lot Size
- 10000
- Ownership
- Condo/Strata
- Annual Taxes
- $8,624
Nearby Listings Stat
Estimated price and comparable properties near 674 Memorial Ave
Active Listings
73
Min Price
$299,000
Max Price
$11,900,000
Avg Price
$1,327,942
Days on Market
59
days
Sold Listings
18
Min Sold Price
$349,900
Max Sold Price
$4,495,000
Avg Sold Price
$1,212,094
Days until Sold
53
days
Neighbourhood Census Data
Qualicum Beach, British Columbia / Colombie-Britannique
Population
782
Median Age
76.3
Median Income
$27,264
Dwelling Value
$310,007
Housing Tenure
Owners 59%
Renters 42%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 926.0/km²
Avg Shelter Cost: $837/mo
Owners with Mortgage: 44.1%
Owners Spending 30%+: 8.8%
Tenants Spending 30%+: 58.3%
English only: 92.3%
English and French: 6.7%
Median Household Income: $46,720
Median Employment Income: $16,128
Price History
Listed
March 25, 2026
by Sutton Group-West Coast Realty (Nan)
Current Price
$2,700,000
Type
Commercial
For Sale
