+7 more
$499,000
300 Terminal
Nanaimo (Old City), British Columbia, V9R5C8
detached·sale·Tax $11,448.45/yr
3,100 sqft
Building Area
2,007 sqft
Lot
1954
Year Built
About This Property
This other in Nanaimo offers 3,100 sqft of building area on a 2,007 sqft lot. Built in 1954. The property has lot dimensions of 2007, zoned Unknown. The home features heat pump, electric heating, fully air conditioned, air conditioned.
MLS Remarks
Excellent opportunity to acquire a well-maintained downtown commercial revenue cashflow property with large 2-level building in Nanaimo, one of Canada's top-rated cities. Located on Terminal Avenue highway, this high traffic-count and good-visibility building offers strong exposure and a central city core position adjacent to a large Parkade for plenty of parking, just below the Bastion Street Bridge in the historic downtown old city center core. The property provides approximately 3,600 sq. ft. over two levels, each with a private separate entrance, offering excellent flexibility for investors or owner-occupiers wishing to max out their cashflow position. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining space(s). With steady income, long-term equity potential, and Nanaimo's continued growth, this DT4-zoned building is attractively priced and represents one of the best-value commercial opportunities in the downtown core area for a ROI hold. Potential uses include office, retail, medical, restaurant, studio, service, and other commercial applications(subject to city approval). A11 measurements and permitted uses to be verified by the Buyer with the City of Nanaimo if deemed important. 24/hrs notice for showings (id:60351)
Overview
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