About 674 Memorial Ave
Investors Alert! 2 buildings in the heart of downtown Qualicum Beach offering an attractive cap rate. This rare opportunity offers up stable income from established businesses in one of Vancouver Island’s most desirable destination markets. The main building new in 2006 and features four separately hydro-metered commercial strata units with a rear loading dock, providing diversified income and reduced landlord costs. The second building is 1957 & is a single-tenant bookstore adding further stability. Zoned commercial and fully conforming, the property is anchored by strong tenants including a gift boutique, pet supply retailer, beauty salon, and electronics store. Dual access from Memorial Avenue and Fir Street provides excellent visibility and sales convenience. Located in a high-traffic tourist corridor with strong walk-by exposure, this is a turnkey investment with proven performance and long-term upside. All data and measurements are approximate and should be verified if important.
Features of 674 Memorial Ave
| MLS® # | 1029859 |
|---|---|
| Price | $2,700,000 |
| Square Footage | 9,574 |
| Acres | 0.23 |
| Year Built | 2006 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 674 Memorial Ave |
|---|---|
| Area | PQ Qualicum Beach |
| City | Qualicum Beach |
| County | Qualicum Beach, Town of |
| Province | BC |
| Postal Code | V9K 1S8 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 1 |
Additional Information
| Date Listed | March 24th, 2026 |
|---|---|
| Days on Market | 170 |
| Zoning | COMM |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|