7197 Lantzville Rd, Lantzville BC V0R 2H0

$4,980,000 · For Sale

built 1930 · Commercial Sale

7197 Lantzville Road is a 2.72-acre development site improved with a 10,594 sq ft commercial building at the centre of the Lantzville Village Core. Zoned Village Commercial, allowing up to 2.0:1 FAR, 100% maximum parcel coverage, and 3 storeys max height (south of Lantzville Road). The building is fully tenanted across three tenancies, providing holding income to December 2028. The pub premises comprise +/- 5,800 sq ft across the main, lower and upper floors, including a covered ocean-view patio and a full commercial kitchen. A +/- 2,700 sq ft liquor store on the lower floor is leased to Mid-Island Co-op Liquor Store, and a self-contained 2-bed, 1,700 sq ft residential suite occupies the upper floor and loft. This offering is real estate only; the pub and liquor store businesses are not for sale.

Property details

Property type
Commercial Sale
Lot size
118483
Year built
1930

Photographs

7197 Lantzville Rd, Lantzville — photograph 17197 Lantzville Rd, Lantzville — photograph 27197 Lantzville Rd, Lantzville — photograph 37197 Lantzville Rd, Lantzville — photograph 47197 Lantzville Rd, Lantzville — photograph 57197 Lantzville Rd, Lantzville — photograph 67197 Lantzville Rd, Lantzville — photograph 77197 Lantzville Rd, Lantzville — photograph 87197 Lantzville Rd, Lantzville — photograph 97197 Lantzville Rd, Lantzville — photograph 107197 Lantzville Rd, Lantzville — photograph 117197 Lantzville Rd, Lantzville — photograph 12