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674 MEMORIAL Ave in Qualicum Beach: PQ Qualicum Beach Mixed Use for sale (Parksville/Qualicum) : MLS®# 1029859

674 MEMORIAL Ave Qualicum Beach V9K 1S8 : PQ Qualicum Beach

Main Photo: 674 MEMORIAL Ave in Qualicum Beach: PQ Qualicum Beach Mixed Use for sale (Parksville/Qualicum)  : MLS®# 1029859
$2,700,000
Prop. Type:
Commercial Sale
MLS® Num:
1029859
Status:
Active
Year Built:
2006
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
Listing General Location:
PQ Qualicum Beach, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure10,000 sq. ft.
Number of Storeys:
1
Total Building Area:
Switch units of measure9,574 sq. ft.
Leasable Area:
Switch units of measure8,434 sq. ft.
Fireplace:
No
FRONTAGE ON MEMORIAL & FIR
Main Level
Jurisdiction name:
Town of Qualicum Beach
Zoning:
COMM
Legal Non-Conformance:
Yes
Parking Features:
On Site
Road Frontage Type:
Highway, Lane, Street
Road Surface Type:
Paved
Date Listed:
Mar 24, 2026
Original Price:
2700000.0
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated August 25, 2026 at 04:05 AM (UTC)
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.