Located in the heart of downtown Courtenay, this property offers a rare opportunity to own a piece of valuable commercial real estate in one of the Comox Valley’s most vibrant and walkable areas. Formerly home to Il Falcone, a highly regarded Italian-inspired fine dining restaurant, the property has long served as a culinary landmark known for its elegant ambiance and use of local ingredients. This offering includes the building, land, and all associated business assets, making it a truly turnkey opportunity. The well-maintained structure sits on a beautifully landscaped lot and is fully outfitted for continued food and beverage service. With a professional-grade kitchen, stylish interior dining areas, and established infrastructure, the property can easily transition into a new or rebranded hospitality venture. Whether you wish to relaunch a successful restaurant in a beloved location or repurpose the space for another commercial use, this is a unique opportunity.
Data was last updated May 23, 2025 at 07:30 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$900,000
Min list price:
$50,000
Max list price:
$23,500,000
Avg days on market:
101
Min days on market:
14
Max days on market:
318
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.
I found Rick to be professional, honest, and reliable during the entire process of selling my house which was located at Mt. Washington Resort. His real estate sale experience and his extensive knowledge about the resort were both instrumental in the sale. His frequent emails kept me well informed about the resorts housing market and resort business in general. I would recommend Rick to anyone looking to buy or sell a property at Mt. Washington Resort. Thank you Rick!
Felicity guided us through the process of buying a suitable place on Bowen Island. We are pleased to have found a nice property, after they showed us a range of listings and advised us during the house-hunting phase. Thanks for sharing your time and knowledge.
Rick went above and beyond every step of the way. We relied on his knowledge and experience to navigate the busy market and make the best decision for our needs.
He guided us through a complicated purchase and we are grateful for it!
Thanks, Rick 🙂
Felicity was instrumental in finding our dream property and we are very happy. She was proactive, professional and did her due diligence when showing us places to consider and finalizing our final purchase. Thank you Felicity!
Our experience with Rick Gibson was excellent from start to finish. He stayed in constant communication and made the whole experience go smoothly. He took the time to inform me on how the mountain works differently for other purchases and made sure we were making an informed decision that was right for our family. I highly recommend Rick for purchase both on the mountain and elsewhere. Thank you Rick from the Green Family.
My experience with Rick was wonderful. As a first time home buyer, I found him patient and easy to express my concerns/neurosis (lol) to. I very much appreciate his tendency to err on the side of caution versus trying to push you into buying a house. When we found the right house, he worked magic to get fairest price possible. And now, after the deal has closed, he is still checking in to make sure I’m on track with the things I need to stay on top of as a first time home buyer. Thanks Rick!!!
Looking back at the experience of buying my first home, from the comfort of my new, beautiful living room, view of the river at my doorstep, wood burning stove at my feet, I think about how I almost said no to this.
Dan and Kim Fell and their two sons are part of a trend gaining strength at Mount Washington Alpine Resort, of families living full time at the Resort near Courtenay, B.C.