8432 Trans Canada Hwy Chemainus, BC V0R 3C0

INVESTORS ALERT: This commercial revenue property is located at an intersection on a busy section of the Island Hwy connecting Victoria and Nanaimo. It has 4 individually metered rental units: A gas bar and convenience store, small office/retail lease space, busy restaurant, and 2000 sqft residential unit above with 3 bedrooms and a den. The Chevron Service Station is leased until July 2024, the restaurant (The Red Rooster Diner) and suite are leased to the current owner of the property, and the retail space has obtained site specific zoning for dispensary. The commercial leases are all carefree triple net so the expenses to the landlord are minimal. This well constructed building was finished in 2010 and makes a dramatic statement from the road. It will offer the new owner low maintenance operation and a carefree source of income for many years. Further details available.