300 Terminal Ave S,Nanaimo, BC V9R5C8
Nanaimo, BC V9R5C8
Description
Investors Alert! Excellent opportunity to acquire a well-maintained downtown commercial revenue cashflow property. This is a 2-level building in the downtown core of Nanaimo, one of Canada's top-rated cities. Located on Terminal Avenue Island highway making this a strategic high traffic-count and good-visibility building with strong exposure and a central city core position adjacent to a large City operated underground covered Parkade for plenty of easy year round parking. The building provides approximately 3,600 sq. ft. over the two levels, each with multiple private separate entrances, handicapped bathrooms on main floor and bathrooms on upper second floor for 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 downtown revitalization 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 may include retail, offices, wholesale or service retail, medical, restaurant, studio, service, and other retail commercial applications (uses subject to city approvals). All measurements and permitted uses to be verified by the Buyer with the City of Nanaimo if deemed important. Vacant for quick possession and TouchBase notice for showings. Contact the main Vancouver listing agent Bharat Panchal at Sutton Realty (Surrey) Phone: (604) 572-3005 (id:13843)
Details
| MLS # | 1024752 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Mix |
| Status | Active |
| Year | 1954 |
| Days On Site | 264 |
| Listing Provided By | Sutton Group-West Coast Realty (Nan) | Jim Johnson |
Features
| SQ Feet | 3,100 |
|---|---|
| Zoning | Unknown |
| Acreage | 0.05 |
| Property View | City view |
Interior
| Cooling | Fully air conditioned, Air Conditioned |
|---|---|
| Heating | Heat Pump, Electric |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Central location, See remarks, Other, Marine Oriented |
|---|
Taxes
| Tax Annual Amount | 11448.45 |
|---|---|
| Tax Block | 63 |
| Tax Lot | 15 |
Area Information
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R5C8 |
| Listing VS Median (in V9R5C8) | |
Price: $399,000 low | high Med: $399,000 sqft: 3,100 low | high Med: 3,100 $ / sqft: $129 low | high Med: $129 On site: 264 low | high Med: 264 | |
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Learn More About This Property
| Province | BC |
|---|---|
| City | Nanaimo |
| Postal Code | V9R5C8 |
| Listing VS Median (in V9R5C8) | |
Price: $399,000 low | high Med: $399,000 sqft: 3,100 low | high Med: 3,100 $ / sqft: $129 low | high Med: $129 On site: 264 low | high Med: 264 | |