
285 5th St
$950,000
Courtenay City
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About this home
Prime opportunity on iconic 5th Street in downtown Courtenay. This prominent 2-storey commercial building offers 8,624 sq ft of versatile space in one of the Comox Valley’s most vibrant and high-traffic corridors. The main level features excellent storefront exposure with an open layout, providing a true blank canvas for retail, showroom, or service-based use. The upper floor offers substantial additional space for storage, offices, or future redevelopment. Surrounded by established businesses, restaurants, and steady pedestrian flow, this location delivers outstanding visibility and long-term potential. Immediate possession available. A rare chance to secure a high-exposure commercial asset in a sought-after downtown location. Videography available under the Virtual Tour tab. Showings by appointment only. Call Robert Nixon for easy showing 250-287-6200. (id:65179)
Property details
From the listing's public record.
Lot size
4,530 square feet
Taxes
$18,122/yr
Zoning
Unknown
Heating
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Apr 16, 2026
Listed $950,000
Active74 days on marketMLS 1032449
How this listing compares
Based on 119 sales in Courtenay CityMedian sold
$708,000
Avg days on market
50 days
Avg sale-to-list
98%
Avg $/sqft
$433
Current market in Courtenay City
Active (same type)
39
Pending
18
All active listings
139
Months of supply
3.9
Seller's market — 3.9 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$890,000
Land
$295,000
Improvements
$595,000
Homes in Comox Valley sell at 106% of assessed value on average.
Based on 708 recent sales.
Local price trend
How Courtenay City has moved over the last decade.
Local price index (normalized) · 119 months
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.