585 England Ave, COURTENAY

2026-09-18
 

Quick Summary

Location
585 England Ave, COURTENAY, British Columbia V9N2N2
Price
$3,600,000 CAD
Status:
For Sale
Property Type:
Retail
Garages:
6
Year of Construction:
1956

MLS®#1050139

Property Description

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 (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Building Type: Retail

Features

  • Feature: Central location, Corner Site, Other

Land

  • Land Size: 8276 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: C1

Information entered by Royal LePage Sussex
Listing information last updated on: 2026-09-17 21:21:46


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Your One Percent Realty Commission savings

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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. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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