MLS® 1038957

Retail for Sale — Courtenay City, Courtenay, BC

$1,160,000

A&B 268 5th St, Courtenay, BC V9N1J6

82
Walk Score
72
Bike
Walk Score® by Redfin
For Sale
4,748 square feet
Building area
4,792 square feet
Lot size
82
Walk Score
72
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Freehold
Zoning
C-1
Annual property tax
$18,062
Lot dimensions
4792
Structure type
Retail
Parcel ID (PID)
008-523-096
Heating
Heat Pump
Cooling
Fully air conditioned
Lot features
Central location, Curb & gutter, Level lot, Other

Listing Information

MLS®
1038957
Listed
June 2, 2026
Time on market
104 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Commercial Building down town. Both sides of the building and land on 5th Street is available for sale. The 200 block of 5th St has always been downtown Courtenay's most visible and most trafficked retail commercial shopping area. 268 5th St is comprised of two commercial spaces. Current use for the spaces is a restaurant and a retail clothing store. Heating and cooling are by separate heat pumps located on the roof. Separate electrical meters for each tenant. Established longstanding tenants occupy both spaces. The Comox Valley, which includes Courtenay has an approximate population of 75,000 & also draws tourism and retail traffic from all parts of Vancouver Island and the lower mainland population. An area desired by many, the Comox Valley offers a vibrant lifestyle; skiing, golfing, & fishing are a few of the many outdoor sports to enjoy (id:63159)

Financing calculator

Estimate your monthly payment on the $1,160,000 asking price.

Financing details
Monthly debt service
$11,259
Cash required at close
$257,000
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Courtenay)

Population
28,420(+10.8% since 2016)
Population density
876.6/km²
Median household income
$72,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
21.0%
Postsecondary below bachelor's
33.6%
High school diploma
31.4%
No certificate/diploma
14.1%

Population aged 15 and over.

Commute

Car, truck or van
84.3%
Public transit
2.6%
Walked
6.9%
Bicycle
3.0%
Other
3.2%

Commute duration

Under 15 min
56.5%
15–29 min
28.6%
30–44 min
6.1%
45–59 min
3.8%
60+ min
4.9%

Employed labour force with a usual workplace.

Mother Tongue

English88%
French2.3%
German1.1%
Tagalog (Pilipino, Filipino)0.6%
Vietnamese0.5%
Punjabi (Panjabi)0.5%
Dutch0.4%
Korean0.4%
Mandarin0.4%
Spanish0.4%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Nikkei Ramen-Ya · 565 England Avenue93m
  • Taco Bandido · 444 5th Street121m
  • Early Bird Café · 307 4th Street130m
  • Dina Kurdish & Turkish Cuisine · 463 5th Street144m
  • Mandarin Village Restaurant · 207 5th Street151m

Cafes (5+)

  • Cappuccino Grande Café · 344 5th Street11m
  • The Twisted Mint Café · 545 Duncan Avenue43m
  • Freya Nordic Baking & Caffe64m
  • Mud Sharks Coffee Bar116m
  • Cardero's Café · 232 5th Street119m

Grocery (3)

  • The Old Farm Market · 660 England Avenue114m
  • Edible Island Whole Foods Market · 477 6th Street156m
  • Thrifty Foods · 1551 Cliffe Avenue767m

Parks (5+)

  • Courthouse Park155m
  • 4th Street Parklet · 243 4th Street169m
  • Unnamed314m
  • Riverside Park · 358 Anderton Avenue353m
  • Simms Millennium Park433m

Gyms (5+)

  • Eden Therapy · 333 5th Street28m
  • Axé Capoeira · 133 5th Street239m
  • Comox Valley Boxing Club · 129 5th Street246m
  • The House of Now Yoga Studio271m
  • Wild+United Athletics · 445 10th Street365m

Pharmacies (3)

  • Pharmasave77m
  • Shoppers Drug Mart · 310 8th Street304m
  • Living Room Pharmacy737m

Banks & ATMs (4)

  • Scotiabank54m
  • Scotiabank · 392 5th Street58m
  • BMO · 585 England Avenue112m
  • Coastal Community Credit Union · 291A 4th Street156m

Healthcare (5+)

  • Cloud9 Health & Wellness127m
  • The Grove Health & Wellness · 332 3rd Street173m
  • Cascade Chiropractic - Dr. Dean Ference · 431 4th Street176m
  • Fit Chiropractic & Sport Therapy · 505 Fitzgerald Avenue209m
  • Fifth Street Family Practice231m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Courtenay

Frequently asked questions

What is the asking price for this business?

The asking price is $1,160,000.

Where is this business located?

This listing is located in Courtenay, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.