166 Island Hwy E

166 Island Hwy E · Parksville · Retail · MLS 1038670

Parksville, British Columbia
C$19/M
For rent
166 Island Hwy E

166 Island Hwy E is located in Parksville. Property snapshot: Retail, MLS 1038670. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 35. Listing timeline recorded.

MLS: 1038670
Days on Site: 35
Price History: Listing timeline recorded

Local Decision Guide

How should buyers evaluate 166 Island Hwy E?

Start by reading this listing in its Parksville context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What type of home is this Parksville listing?

The page shows Retail at 166 Island Hwy E. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 35 days on market/site. Listing timeline recorded.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Rare opportunity to lease this premium 1,703 sq.ft. retail/commercial space located in the heart of downtown Parksville on the Island Highway, offering exceptional exposure and signage visibility to thousands of vehicles daily. This high-profile location is ideal for businesses seeking maximum marketing presence and strong street-front exposure. The space has been extensively updated and offers high-quality tenant improvements throughout, creating a professional and modern environment suitable for a wide range of retail, office, or service commercial uses. Strategically positioned directly across from Parksville’s famous Community Beach Park and neighbouring major traffic-generating businesses, including Dairy Queen, Shoppers Drug Mart, banks, and the popular Craig Street shopping district. Features include: Excellent Island Highway frontage and signage exposure High traffic location with outstanding visibility Updated high-end interior improvements On-site and street parking available Walking distance to downtown amenities, restaurants, and the beach Flexible possibilities for a variety of business uses This is an exceptional opportunity for a business wanting to establish a strong presence in one of Parksville’s most visible commercial locations. $19.00 per sq.ft. net Contact listing agent for further details or to discuss the possibilities. (id:56153)

Property Details

Retail
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For lease

Status: active

Listing ID: 29825065 (1038670)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$19/M

PID: 009-354-972

Days on Site: 35 days

Added to BurnabyHouse: 2026-05-29

Updated on: 2026-06-11 09:02 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Kabayan Oriental Foods
About 98.7 m away
138B Middleton Avenue
Thrifty Foods
About 382 m away
280 East Island Highway
Shopping Centres
Wembley Centre
About 2.8 km away
Beach Acres Resort
About 3.2 km away
1051 Resort Drive

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 11 Jun 2026 08:33:26 AM PDT

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Listing Office: eXp Realty (NA)

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