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585 England Ave
CV Courtenay City Courtenay V9N 2N2

$3,600,000
Commercial Sale built: 1956

Main Photo: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
Photo 1: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
Photo 2: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
Photo 3: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
Photo 4: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1050139
Year Built:
1956
NET/NET/NET AAA BMO BANK TENANTED INVESTMENT OPPORTUNITY. The property consists of a well-maintained 5,885-square-foot single-storey commercial building situated on an approximately 8,277-square-foot (0.19-acre) corner site. Originally constructed in 1956 and extensively renovated in 1993 and 2005, the building has been purpose-built and occupied as a financial institution. Its strategic corner position provides approximately 172 feet of combined frontage, including approximately 52 feet along England Avenue and 120 feet along 6th Street, creating exceptional exposure to both vehicular and pedestrian traffic. The property is further enhanced by adjacent accessibility from surrounding commercial districts. The building is fully occupied by Bank of Montreal (BMO) under a carefree, fully net lease structure, providing ownership with minimal management responsibilities and predictable income
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Year built:
1956 (Age: 70)
Lease Rate:
30.0
Lease Type:
Absolute Net
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Courtenay City, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,276 sq. ft.
Taxes:
Building Features:
Kitchen/Staff Room, Security System
Construction:
Block, Frame Metal, Frame Wood, Stucco
New Construction:
No
Foundation:
Block
Electricity:
Yes
Number of Storeys:
1
Ceiling Heights:
Total Building Area:
5,885 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
HVAC
Heating:
Baseboard
Fireplace:
No
Pending Date:
Parking
Security System
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Courtenay
Legal Description:
Zoning:
C1
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Electricity Available, Electricity Connected, Phone Available, Phone Connected
Lot Site Features:
Central Location, Corner Lot, Easy Access, Recreation Nearby, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
6
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 14, 2026
Original Price:
3600000.0
  • Photo 1: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
    Photo 1 of 4
  • Photo 2: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
    Photo 2 of 4
  • Photo 3: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
    Photo 3 of 4
  • Photo 4: 585 England Ave in Courtenay: CV Courtenay City Retail for sale (Comox Valley)  : MLS®# 1050139
    Photo 4 of 4
Listed by Royal LePage Sussex
Data was last updated September 19, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,327,500
Min list price:
$149,000
Max list price:
$7,500,000
Avg days on market:
135
Min days on market:
3
Max days on market:
802
These statistics are generated based on the current listing's property type and located in CV Courtenay City. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.