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$ 3,550,000
Est. payment /mo
Price Dropped by $550K
615 Townsite Rd Nanaimo, BC V9S1L4
1.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Central Nanaimo
MLS® Listing ID 1032811
Year Built 1960
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Freehold
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:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by 460 Commercial Inc.