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260 Stewart Ave
Na Departure Bay Nanaimo V9S 4C3

$1,749,000
Commercial Sale

Main Photo: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
Photo 1: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
Photo 2: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
Photo 3: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
Photo 4: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
953340
Multifamily Site Alert: R8 Multifamily zoned property with a beautiful rancher one block to Nanaimo's renowned seawall with a water view, currently rented for $2500+utilities to wonderful tenants. Close to Departure bay ferry terminal, bus route, shopping centre, all levels of schools, parks, highways. This property comes with plans of 30+ units 1 & 2 bedroom units with beautiful ocean views. Seller is in process of applying for the permitsClosing negotiable upon DP or BP). Currently 2 bedrooms+ Den, 1 bathroom, spacious living room with a wood burning fireplace, wonderful floor plan. The house is in exceptional shape. Lots to love in this house including the in-laid character wood flooring, lighting + detailing huge courtyard type doors to verendah. The front and backyards feature several mature trees and bushes. Seller open to offers. All measurements are approximate and should be verified if important. Also under MLS
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale of Assets, Sale Of Shares, Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Departure Bay, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
8,712.06 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
1,200 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Mountain(s), Ocean, Other
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Occupancy:
Tenant
Lot Site Features:
Rectangular Lot, Serviced, Sidewalk, Walk on Waterfront
Parking Features:
On Site
Total Units:
Date Listed:
Feb 13, 2024
Original Price:
1749000.0
  • Photo 1: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
    Photo 1 of 4
  • Photo 2: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
    Photo 2 of 4
  • Photo 3: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
    Photo 3 of 4
  • Photo 4: 260 Stewart Ave in Nanaimo: Na Departure Bay Multi Family for sale : MLS®# 953340
    Photo 4 of 4
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated April 13, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
101
Avg list price:
$1,050,000
Min list price:
$49,500
Max list price:
$7,950,000
Avg days on market:
86
Min days on market:
3
Max days on market:
614
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.