1472 Arbutus Road
Red Bluff/Dragon Lake Quesnel V2J 4M9

$1,850,000
Multi-Family Commercial

Main Photo: 1472 Arbutus Road in Quesnel: Red Bluff/Dragon Lake Multi-Family Commercial for sale : MLS®# C8077939
Photo 1: 1472 Arbutus Road in Quesnel: Red Bluff/Dragon Lake Multi-Family Commercial for sale : MLS®# C8077939
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Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8077939
Build. Type:
Mixed Use
Unique income-generating property on 2.82 acres just south of Quesnel, offering a rare combination of scale, stability, and versatility, contributing to established and consistent cash flow. The property consists of 12 side-by-side duplex units, each featuring well-maintained 3-bedroom suites with individual laundry, designed for practical, long-term tenant appeal. Supporting infrastructure includes a shop, outbuilding, double garage, greenhouse, raised garden beds, and a newly drilled well, enhancing both functionality and long-term value. Ideally located close to schools and shopping, the property benefits from strong tenant demand in a desirable area. It also offers flexibility for owner occupancy of the main residence if desired. Rental rates for the duplex units range from $833 to $1,230.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Mixed Use
# Units Total:
14
# Other Units:
2
# of Apartments:
12
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
1
# of 1 Bedroom Apartments:
0
# of 2 Bedroom Apartments:
1
# of 3 Bedroom Apartments:
12
Year built:
1971 (Age: 55)
Living Area:
4,814 sq. ft.
Lot Area:
2.82 acre(s)
Zoning:
R3-1
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Natural Gas Connected, Phone Connected
Sewer:
Public Sewer, Septic Tank
Parcel Number:
008220115
Taxes:
$8,663.66 / 2025
No
Water Supply:
Well Drilled
Water Rights:
No
Roof:
Asphalt
Env Assmt Phase:
No
Cap Rate %:
7.0
Gross Income:
174360.0
Oper. Expenses:
44900.0
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$129,460
Original Price:
$1,850,000
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Listed by Century 21 Energy Realty(Qsnl)
Data was last updated May 13, 2026 at 09:35 AM (UTC)