7197 Lantzville Rd, Lantzville, BC V0R 2H0
- $4,980,000
Courtesy of JBW Commercial Inc.
- List Price
- $4,980,000
- Status
- ACTIVE
- MLS®
- 1050758
- Property Type
- Commercial
- Year Built
- 1930
- Stories
- 4
- Acres
- 2.72
- Lot Size
- 118,483
- District
- Lantzville
- Neighbourhood
- Na Lower Lantzville
Property Description
7197 Lantzville Road is a 2.72-acre development site improved with a 10,594 sq ft commercial building at the centre of the Lantzville Village Core. Zoned Village Commercial, allowing up to 2.0:1 FAR, 100% maximum parcel coverage, and 3 storeys max height (south of Lantzville Road). The building is fully tenanted across three tenancies, providing holding income to December 2028. The pub premises comprise +/- 5,800 sq ft across the main, lower and upper floors, including a covered ocean-view patio and a full commercial kitchen. A +/- 2,700 sq ft liquor store on the lower floor is leased to Mid-Island Co-op Liquor Store, and a self-contained 2-bed, 1,700 sq ft residential suite occupies the upper floor and loft. This offering is real estate only; the pub and liquor store businesses are not for sale.
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Additional Information
- Parking Type
- On Site
- Taxes
- $54,521
- Rentals Allowed
- Unrestricted
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