AURA SYNC
2116 Alberni Hwy, Errington
$5,999,900.00
Aura Sync - Contact Information
REMAX Professionals (NA)
Listing agent: Myles McCullough
Agent phone: 250-751-1223
Office phone: 250-751-1223
Agent email: myles@mmshomes.com
Office address: #1 - 5140 Metral Drive, Nanaimo BC V9T 2K8
MLS listing synced via Aura. Contact the listing agent or office directly.
Description
Prime investment opportunity in Errington, BC, offered significantly below its assessed value and replacement cost. Set on 20+ acres of level, fertile land, the property features 38,500+ sq ft of improvements, including a 26,000 sq ft state of the art cannabis production facility constructed in 2018/2019 with production and processing licenses in place. An additional 8,810 sq ft warehouse is rented to an agricultural grower, providing holding income, with two residential suites offering further rental potential. Zoning CD 16 allows a wide range of uses including farm, dwelling, retail, restaurant, and farm business. Ideally located 8 minutes to Parksville, 36 minutes to Departure Bay ferry terminal, and 43 minutes to Nanaimo Airport. Highway frontage near the popular Coombs Market offers excellent exposure and future producer retail store potential. Licensed facilities of this scale rarely come to market, offering substantial long term upside.
All data & measurements are approximate and must be verified if fundamental.
Data is provided via the brokerage or agent via Aura Sync.