940 Island Hwy
$1,279,000
Campbell River Central
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About this home
Commercial building in desirable downtown Campbell River. 940 Island Hwy has been well cared for by the original owner, offering 4,000 sqft of leasable area, beautiful ocean views, excellent stable tenants on the main floor, and the second floor is ready to occupy or lease out. Rarely do commercial properties like this become available. The exposure is fantastic, there is parking for 9 behind the building, a newer 5-ton heat pump, resurfaced torch-on roof in 2025, and unobstructed ocean views. Great value for an owner occupant or lease out and you’ll achieve a 6% CAP. For more information, please call Christiaan Horsfall at 250-702-7150 (id:65179)
Property details
From the listing's public record.
Lot size
5,840 square feet
Taxes
$16,664/yr
Zoning
Unknown
Heating
Cooling
Lot
How this listing compares
Based on 161 sales in Campbell River CentralMedian sold
$665,000
Avg days on market
53 days
Avg sale-to-list
98%
Avg $/sqft
$362
Current market in Campbell River Central
Active (same type)
44
Pending
17
All active listings
123
Months of supply
3.3
Seller's market — 3.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Homes in Campbell River sell at 103.7% of assessed value on average.
Based on 397 recent sales.
Local price trend
How Campbell River Central has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
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$600,000
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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.
Listed by REMAX Ocean Pacific (CX)