Commercial building in desirable downtown Campbell River. 940 Island Hwy has been well cared for by the original owner, offering 4,000 sqft of leasable area, beautiful ocean views, excellent stable tenants on the main floor, and the second floor is ready to occupy or lease out. Rarely do commercial properties like this become available. The exposure is fantastic, there is parking for 9 behind the building, a newer 5-ton heat pump, resurfaced torch-on roof in 2025, and unobstructed ocean views. Great value for an owner occupant or lease out and you’ll achieve a 6% CAP.
Data was last updated January 30, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$999,900
Min list price:
$39,900
Max list price:
$4,599,900
Avg days on market:
240
Min days on market:
3
Max days on market:
518
These statistics are generated based on the current listing's property type
and located in
Campbell River. Average values are
derived using median calculations. This data is not produced by the MLS® system.