Address
615 Townsite Rd, Nanaimo, BC
Price
$ 3,550,000
Property Attributes
- ID#1032811
- TypeCommercial
- Listing Status Active
- MunicipalityNanaimo
- CityNanaimo
- AreaNanaimo
- NeighbourhoodCentral Nanaimo
- Postal CodeV9S 1L4
- Style
- Year Built1960
- Price$ 3,550,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Lot Size1.3 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement. (id:7434)
General Features
| Property Type | Other |
|---|---|
| Zoning Description | CC1 |
| ZoningType | Unknown |
| Neighbourhood | Central Nanaimo |
| Building Type | Commercial Mix |
| Ownership Type | Freehold |
Interior Features
| Building Fireplace Present | False |
|---|
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in V9S 1L4
Price
Year Built
