BC Townhomes For Sale Victoria
508 Wembley Rd
PQ Parksville
Parksville
V9P 2B2
$949,000
Commercial Sale
built: 1962
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1046926
- Year Built:
- 1962
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Rare opportunity to acquire a 0.57-acre commercially zoned property in the desirable Wembley area of the Regional District of Nanaimo, just minutes from Parksville, Highway 19, shopping, beaches, and everyday amenities.
This unique property is zoned CRS1 and site-specific CRS1.7, permitting a broad range of commercial uses together with residential use, secondary suites, and shopping centre use, providing exceptional flexibility for investors, owner-operators, and future opportunities. Currently improved with two legal residential dwellings, the property offers excellent holding value while generating residential use.
Situated within the Wembley Neighbourhood Centre designation, this is a rare opportunity to own a large commercially zoned property in one of the area's established mixed-use commercial corridors. Commercial properties with two legal homes are seldom available. A unique opportunity with excellent income, business, and redevelopment potential.
- Property Type:
- Commercial Sale
- Type:
- Other
- Commercial Type:
- Building
- Year built:
- 1962 (Age: 64)
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- PQ Parksville, Parksville/Qualicum
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.569 acre(s)0.23 hectare(s)
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 2,352 sq. ft.219 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- 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:
- Alberni Rural (769)
- Legal Description:
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- Parking Features:
- On Site
- Road Frontage Type:
- Highway
- Business Type:
- Other
- Total Units:
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- Date Listed:
- Aug 13, 2026
- Original Price:
- 949000.0
Larger map options:
Listed by Pemberton Holmes Ltd.
Data was last updated August 19, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 25
- Avg list price:
- $470,000
- Min list price:
- $49,000
- Max list price:
- $7,900,000
- Avg days on market:
- 99
- Min days on market:
- 5
- Max days on market:
- 463
These statistics are generated based on the current listing's property type
and located in
PQ Parksville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BCHOMEGROUP.CA
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.
