Campbell River development property sold for double the assessed value
The 1.21-acre site sold for $1,375,000 and has an assessed value of $492,000
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A commercial development property in Campbell River has sold for $1.37 million, 21 Century Arbutus Realty reports.
The 1.21 acre-property is located in the heart of the Willow Point commercial area. The C2 zoning allows for a variety of projects, including a retail strip mall, mixed use retail and residential, storage facility, social care facility and restaurant.
The property is located at 2338 Island Highway South, Campbell River.
Lot Size: 1.21 acres
Property Type: Land
2017 B.C. Assessment Value: $492,000
Date of Sale: 12/03/2018
City: Campbell River
Name of Brokerage: Century 21 Arbutus Realty
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