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- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 940231
- Photos (10)
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Investment and Development opportunity in Nanaimo on Vancouver Island. Situated behind a large-scale indoor-outdoor mall located on a side road from the main thoroughfare is this 8400 sq ft flat lot with an approx. 1,300 sq ft standalone commercial building built in 1997, currently being leased to a restaurant which allows for 30 seats. The building itself underwent many upgrades in 2018 including all new kitchen equipment which is owned by the seller. Zoning is Corridor 3 which allows many uses including a Multi Family development which would allow a 4-6 story building. This is a great development site in a very strategic location close to bus routes and within an area of a variety of residential homes, complexes, retail shopping, Dr’s offices, schools, parks & trails all nearby. Collect the revenue from the Tenant while you plan your development. Information package available.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Na Uplands, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 8,401.058 sq. ft.
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 1,288 sq. ft.
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Easy Access, Level, Shopping Nearby
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Aug 03, 2023
- Original Price:
- 1599500.0
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Listed by RE/MAX of Nanaimo
Data was last updated December 5, 2023 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 113
- Avg list price:
- $1,175,000
- Min list price:
- $15
- Max list price:
- $15,988,888
- Avg days on market:
- 93
- Min days on market:
- 1
- Max days on market:
- 622
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
- eXp Realty Canada
- 1.250.885.2047
- Info@VIRealEstateGroup.ca
