Address
1045 Terminal Ave N, Nanaimo, BC
Price
$ 1,150,000
Property Attributes
  • ID#1041535
  • TypeCommercial
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodCentral Nanaimo
  • Postal CodeV9S 4K3
  • Style
  • Price$ 1,150,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size0.72 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place. (id:7434)

General Features

Features Central location, Level lot, Other
Property Type Other
Zoning Description COR3
ZoningType Unknown
Neighbourhood Central Nanaimo
Parking Space Total 35
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 4K3

Price
AVG $1.15M
$1.15M