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674 MEMORIAL Ave
PQ Qualicum Beach
Qualicum Beach
V9K 1S8
$2,700,000
Commercial Sale
built: 2006
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1029859
- Year Built:
- 2006
- Photos (38)
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Investors Alert! 2 buildings in the heart of downtown Qualicum Beach offering an attractive cap rate. This rare opportunity offers up stable income from established businesses in one of Vancouver Island’s most desirable destination markets. The main building new in 2006 and features four separately hydro-metered commercial strata units with a rear loading dock, providing diversified income and reduced landlord costs. The second building is 1957 & is a single-tenant bookstore adding further stability. Zoned commercial and fully conforming, the property is anchored by strong tenants including a gift boutique, pet supply retailer, beauty salon, and electronics store. Dual access from Memorial Avenue and Fir Street provides excellent visibility and sales convenience. Located in a high-traffic tourist corridor with strong walk-by exposure, this is a turnkey investment with proven performance and long-term upside. All data and measurements are approximate and should be verified if important.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building
- Year built:
- 2006 (Age: 20)
- Lease Type:
- Assignment of Lease, Sale of Assets, See Remarks
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- PQ Qualicum Beach, Parksville/Qualicum
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 10,000 sq. ft.929 m2
- Taxes:
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- Number of Storeys:
- 1
- Ceiling Heights:
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- Total Building Area:
- 9,574 sq. ft.889 m2
- Leasable Area:
- 8,434 sq. ft.784 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- FRONTAGE ON MEMORIAL & FIR
- Main Level
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- Town of Qualicum Beach
- Legal Description:
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- Zoning:
- COMM
- Legal Non-Conformance:
- Yes
- Parking Features:
- On Site
- Road Frontage Type:
- Highway, Lane, Street
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Mar 24, 2026
- Original Price:
- 2700000.0
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Larger map options:
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated May 4, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 51
- Avg list price:
- $1,749,000
- Min list price:
- $0
- Max list price:
- $16,800,000
- Avg days on market:
- 80
- Min days on market:
- 2
- Max days on market:
- 357
These statistics are generated based on the current listing's property type
and located in
Parksville/Qualicum. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Ken Welte
- Sutton Group West Coast Realty
- (250) 751 5630
- WelteGroup@gmail.com
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
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