397 5th Street

The subject property is located at the corner of 5th Street and England Avenue in downtown Courtenay. The property’s downtown location offers exceptional walkability, with many shops, services, and amenities located within a close radius. The Departure Bay ferry terminal in Nanaimo is just over an hour’s drive. BC Ferries’ Little River Terminal, which provides service to Powell River, is a 10-15 minute drive as well. The Comox Valley Airport is a short 15-minute driver.Macdonald Commercial is proud to present a unique opportunity to acquire a brand-new 39-unit rental apartment building with four ground floor commercial units in downtown Courtenay, BC. The property sits on a 13,455 square foot corner lot. The property qualifies for the Courtenay Property Tax Exemption, saving approximately $89,700 annually.