148 Weld St Parksville, BC
$ 5,000,000
Property Attributes
  • MLS#888230
  • TypeCommercial
  • CityParksville
  • AreaParksville-Qualicum
  • NeighbourhoodPQ Parksville
  • Postal CodeV9P 2G5
  • StyleMulti Family
  • Year Built2013
  • Taxes$ 26110
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Pemberton Holmes Ltd. (Nanaimo)
Data Source:
Canada - Vancouver Island Real Estate Board (VIREB) - 445 - CAN
Property Description

Being offered for sale is 148 Weld street is comprised of 12 separate titled strata units consisting of 10 residential apartments (8-1 bedroom / 2-2 bedroom) and 2 commercial ground floor units. Built in 2012 this 13,800 square foot building bring in close to 21,000 dollar per month in rental and triple net revenue and has never had a vacancy and has a long waiting list of tenants wanting to rent. This is the most sought after apartment building in the Parksville area. Some units boasting ocean views, there is so much value here. Both commercial units have long term lease agreements in place and all the tenants are wanting to stay.

General Features

Business Name Westcoast Professional Building
Commercial Area Downtown
Commercial Listing Type Building, Land
Construction Materials Cement Fibre, Insulation All, Stone
Cooling Partial
Flooring Mixed
Property SubType Multi Family
Property Type Commercial Sale
Sewer Sewer To Lot
View Other
Zoning C3

Interior Features

Total Units 12

Exterior Features

Building Features Basement, Leasehold Improvements, Shopping Nearby, Transit Nearby, Visual Exposure
Exterior Features Awning(s), Balcony/Deck, Fenced, Low Maintenance Yard, Sign: Allowed, Storefront
Foundation Poured Concrete
Lot Description Cleared, Level
Lot Size Acres 0.30
Lot Size Square Feet 12900.00
View Yn Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9P 2G5

AVG $2.72M
AVG $14,409
AVG 34
Year Built
AVG 2013
AVG 69
Data Provided by Walkscore ® not using MLS data

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