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Main Photo: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
Photo 1: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
Photo 2: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
Photo 3: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
Photo 4: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
Photo 5: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
Photo 6: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
974036
Prime Oceanview Investment Opportunity – Fully Occupied 6-Plex Unlock the potential of this fully tenanted 6-plex on picturesque Cormorant Island, perfectly positioned right across the street from the ocean. With unobstructed, breathtaking ocean views from every unit, this income-generating property is an investor’s dream. Spanning three levels, each floor hosts two spacious 2-bedroom - 1 bathroom suites, generating $3,700 per month in rental income. All units feature storage and laundry, conveniently accessed via a shared hallway. Whether you’re looking to hold and watch your investment grow, or redevelop for even greater returns, this prime location offers endless possibilities. Don’t miss out—contact your realtor today and explore the opportunity that awaits!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Isl Alert Bay, Islands
Bathrooms:
- (Full:-/Half:-)
Lot Size:
12,197 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
4,884 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Village of Alert Bay
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Tenant
Parking Features:
On Site
Total Units:
Date Listed:
Aug 23, 2024
Original Price:
399900.0
  • Photo 1: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
    Photo 1 of 6
  • Photo 2: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
    Photo 2 of 6
  • Photo 3: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
    Photo 3 of 6
  • Photo 4: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
    Photo 4 of 6
  • Photo 5: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
    Photo 5 of 6
  • Photo 6: 601 Fir St in Alert Bay: Isl Alert Bay Multi Family for sale (Islands)  : MLS®# 974036
    Photo 6 of 6
Listed by Royal LePage Advance Realty (PH)
Data was last updated February 22, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$949,900
Min list price:
$179,900
Max list price:
$9,800,000
Avg days on market:
197
Min days on market:
1
Max days on market:
725
These statistics are generated based on the current listing's property type and located in Islands. Average values are derived using median calculations.

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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.