A strip mall in Parksville has sold for $5 million, Landquest Realty Corp. reports.
The 13-unit Heritage Centre Mall sold for approximately $384,615 per unit. The building is 28,000 square feet, situated on a 3-acre lot. The property sold at on May 4, for more than $1 million above its assessed value of $3.81 million.
The property is located at 1209 East Island Hwy, Parksville.
Breakdown:
Price: $5,000,000
No. of Units: 13
Price/Unit: $384,615
Lot Size: 3.04 acres
Property Type: Retail
Zoning: CS-1
2017 B.C. Assessment Value: $3,815,000
Date of Sale: 05/04/2018
City: Parksville
Province: B.C.
Name of Brokerage: Landquest Realty Corp.
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