512 5th St, COURTENAY

2026-01-16
 

Quick Summary

Location
512 5th St, COURTENAY, British Columbia V9N1K3
Price
$649,900 CAD
Status:
For Sale
Property Type:
Other

MLS®#1023506

Property Description

Positioned on prime 5th Street frontage in downtown Courtenay, this C1 zoned property presents a compelling opportunity for investors, owner users, or developers. The 1,000+ sqft building offers immediate income with a long term commercial tenant currently on a month to month lease and open to a new multi-year agreement. Recent upgrades include a brand new roof and 200 amp electrical service, supported by four private parking stalls. As the most centrally located downtown property with both front and back yards, the site benefits from favorable setbacks and zoning that may allow for a four storey mixed-use development. Potential exists for up to 20,000 sqft of commercial and residential space, including a commercial ground floor and residential units above with glacier and ocean views. A rare opportunity to secure income today while unlocking significant redevelopment upside tomorrow. (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Commercial Mix

Features

  • Feature: Level lot

Land

  • Land Size: 6098 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: C1

Information entered by Royal LePage-Comox Valley (CV)
Listing information last updated on: 2026-01-16 23:02:26


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

Send a Message


One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal

 

Graham Batchelor Realtor ®

Phone:
2506509311
Email:
grahambatchelor@hotmail.com
Support Area:
Comox Valley, Courtenay, Comox, Campbell River, Cumberland, Royston, Union Bay, Black Creek, Merville, Oyster River

Professional Real Estate Sales & Marketing – Serving the Comox Valley, Campbell River, and Nor ...

Full Profile

 

Larry Staley Realtor

Phone:
250-240-2035
Email:
larry@staleyteam.ca
Support Area:
Campbell River, comox, courtenay, parksvile, bowser, deep bay, qualicum, royston

Larry has been successfully taking care of his clients’ rea ...

Full Profile