NET/NET/NET AAA BMO BANK TENANTED INVESTMENT OPPORTUNITY. The property consists of a well-maintained 5,885-square-foot single-storey commercial building situated on an approximately 8,277-square-foot (0.19-acre) corner site. Originally constructed in 1956 and extensively renovated in 1993 and 2005, the building has been purpose-built and occupied as a financial institution. Its strategic corner position provides approximately 172 feet of combined frontage, including approximately 52 feet along England Avenue and 120 feet along 6th Street, creating exceptional exposure to both vehicular and pedestrian traffic. The property is further enhanced by adjacent accessibility from surrounding commercial districts. The building is fully occupied by Bank of Montreal (BMO) under a carefree, fully net lease structure, providing ownership with minimal management responsibilities and predictable income
Address
585 England Ave
List Price
$3,600,000
Property Type
Commercial Sale
Type of Dwelling
Retail
Transaction Type
Sale
Area
Comox Valley
Sub-Area
CV Courtenay City
Lot Size
8276.4 Sq. Ft.
Lot Size (Acres)
0.19 Ac.
Year Built
1956
MLS® Number
1050139
Listing Brokerage
Royal LePage Sussex
Postal Code
V9N 2N2
Tax Amount
$44,011.73
Tax Year
2026
Features
Baseboard
Amenities
Central Location, Corner Lot, Easy Access, Recreation Nearby, Security System, Shopping Nearby, Sidewalk
