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The Bay Motel sits on 1.71 acres of waterfront property in beautiful Qualicum Bay. Bisected by the old Island Hwy, the south side of property features the 9 unit motel (6 1 bedroom units and 3 studios) a 2 bedroom modular home, and a 3400 sq.ft. shop previously used as a fish plant and store. The north side (waterfront) is currently leased to the very successful 'Tidal Tacos'. CM5 zoning allows for some expansion of the current use, or possible changes including resort condos or an RV park.
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Introduction to Investing in Commercial Real Estate
[vc_row][vc_column][vc_column_text]RE/MAX recently released its 2017 Commercial Investor Report, highlighting trends and market activity in several key markets. Following up on the report, we have compiled some introductory tips from some of our brokers and agents for investing in commercial real…