This listing is for the sale of shares of Ormiston Holdings Ltd, which owns the land and buildings, consisting of 142
Morison Ave with 6,997 sq ft of retail space, valued at $2,150,000. This property is in the heart of downtown Parksville and has an Ocean View out the front door. It's zoning would allow 3 stories on the existing lot and the current structure is engineered for a second floor making development very easy. It may be purchased with vacant possession or with the Home Hardware franchise for an additonal $400,000 (which includes $350,000 in inventory)
Address
142 Morison Ave
List Price
$2,150,000
Property Type
Commercial Sale
Type of Dwelling
Retail
Transaction Type
Sale
Area
Parksville/Qualicum
Sub-Area
PQ Parksville
Lot Size
6997 Sq. Ft.
Lot Size (Acres)
0.16 Ac.
Year Built
1952
MLS® Number
1040470
Listing Brokerage
Royal LePage Coast Capital Realty
Postal Code
V9P 0B1
Tax Amount
$25,270.00
Tax Year
2023