300 Terminal S Ave, Nanaimo, BC V9R 5C8

$499,000

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Courtesy of Sutton Group-West Coast Realty (Nan)

List Price
$499,000
Status
ACTIVE
MLS®
1024752
Property Type
Commercial
Year Built
1954
Stories
2
Acres
0.05
Lot Size
2,007
District
Nanaimo
Neighbourhood
Na Old City

Property Description

2 Story commercial revenue building in Downtown Core Nanaimo, one of Canada's top rated cities. Owner may VTM finance! Located on Highway, this high viz building offers strong exposure and a central position adjacent to city operated covered parkade offering plenty of parking. With about 3,600 sq ft over two levels, each floor offers up both separate entrances & bathrooms for max investors flexibility & owner occupiers. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining spaces. With steady income, long term equity potential, and Nanaimo's continued growth, this DT4 zoned building is attractively priced and represents one of the best value commercial opportunities in the downtown core area. Potential uses include office, retail, medical, restaurant, studio, service, and other commercial applications (subject to city approval) All measurements and permitted uses to be verified by the buyer if deemed important. Easy to show

Additional Information

Lot Features
Central Location, Marina Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks
Heating
Electric, Heat Pump
Flooring
Mixed
Exterior Features
Display Window, Low Maintenance Yard, Security System, Sign: Allowed, Sign: Dir Brd, Storefront, See Remarks
Parking Type
On Site
Taxes
$11,448
Rentals Allowed
Unrestricted

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Calculator source: Real Geeks

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