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148 Weld St
PQ Parksville V9P 2G5

$5,000,000
Commercial Sale built: 2013

Main Photo: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 1: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 2: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 3: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 4: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 5: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 6: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 7: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 8: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 9: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 10: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 11: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 12: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 13: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 14: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 15: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 16: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 17: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 18: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 19: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 20: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 21: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 22: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 23: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 24: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 25: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 26: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 27: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 28: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 29: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 30: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 31: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 32: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 33: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 34: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 35: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 36: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 37: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 38: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 39: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 40: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 41: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Photo 42: 148 Weld St in : PQ Parksville Multi Family for sale (Parksville/Qualicum)  : MLS®# 888230
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
888230
Year Built:
2013
Being offered for sale is 148 Weld street is comprised of 12 separate titled strata units consisting of 10 residential apartments (8-1 bedroom / 2-2 bedroom) and 2 commercial ground floor units. Built in 2013 this 13,800 square foot building bring in close to 21,000 dollar per month in rental and triple net revenue and has never had a vacancy and has a long waiting list of tenants wanting to rent. This is the most sought after apartment building in the Parksville area. Some units boasting ocean views, there is so much value here. Both commercial units have long term lease agreements in place and all the tenants are wanting to stay.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
2013 (Age: 8)
Lease Type:
Sale of Assets
Listing General Location:
PQ Parksville, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
13,068 sq. ft.
Taxes:
$26,110 / 2020
Building Features:
Basement, Leasehold Improvements, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Cement Fibre, Insulation All, Stone
Foundation:
Concrete Perimeter
Floor finish:
Mixed
Leasable Area:
13,175 sq. ft.
Commercial Area:
Downtown
Sewer:
Sewer To Lot
Cooling:
Partial
Fireplace:
No
Awning(s), Balcony/Deck, Fenced, Low Maintenance Yard, Sign: Allowed, Storefront
Other
Main Level
0
Yes
No
Unrestricted
Assessed:
2759800.0
Assessment year:
2021
Jurisdiction name:
City of Parksville
Legal Description:
SL 1-12 DISTRICT LOT 13 NANOOSE DISTRICT STRATA PLAN EPS890 TOGETHER WITH AN INTERESTIN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT AS SHOWN ON "F
Zoning:
C3
Occupancy:
Tenant
Lot Site Features:
Cleared, Level
Total Parking Spaces:
0
Road Surface Type:
Paved
Business Name:
Westcoast Professional Building
Total Units:
12
Date Listed:
Oct 12, 2021
Original Price:
5000000.0
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Data was last updated October 20, 2021 at 07:30 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,150,000
Min list price:
$36,900
Max list price:
$5,000,000
Avg days on market:
91
Min days on market:
8
Max days on market:
954
These statistics are generated based on the current listing's property type and located in PQ Parksville. Average values are derived using median calculations.
KARRIE BRENNAN
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.