IDX / Reciprocity
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 965947
- Photos (23)
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Introducing an unparalleled investment opportunity in downtown Nanaimo! This fully occupied building, with most tenants having long-term leases, including an anchor tenant, the walk-in clinic, secured until 2030, generates over $150k in net profit annually. The diverse mix of tenants includes a pharmacy, physiotherapist, sleep clinic, CPA office, and art studio. Situated at the heart of Nanaimo's downtown center and with a 7-level apartment building under construction across the street, the potential for growth is immense. Benefit from stable income streams and tap into the future synergy with neighboring residents. With the rising demand for downtown residential properties, consider the possibility of transforming this property into coveted condominiums. Whether you're an investor seeking stability or an entrepreneur with a vision, this property offers an unparalleled opportunity. All measurements are approximate, to verify if important.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets, Sale Of Shares, Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 14,375.099 sq. ft.1,335.49 m2
- Taxes:
- Signup
- Building Features:
- Security System, Shopping Nearby, Transit Nearby
- Construction:
- Frame Wood, Insulation: Ceiling, Insulation: Walls
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Ceiling Heights:
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- Total Building Area:
- 7,997 sq. ft.742.946 m2
- Leasable Area:
- 7,560 sq. ft.702.347 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Pending Date:
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- City, Ocean
- 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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- Utilities:
- Cable Connected, Electricity Connected, Phone Connected
- Lot Site Features:
- Corner Lot
- Parking Features:
- On Site
- Total Parking Spaces:
- 21
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jun 04, 2024
- Original Price:
- 3580000.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated June 26, 2024 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 33
- Avg list price:
- $794,000
- Min list price:
- $58,000
- Max list price:
- $4,880,000
- Avg days on market:
- 83
- Min days on market:
- 5
- Max days on market:
- 386
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- WIN MYINT
- 460 REALTY
- 1 (250) 732-8388
- Contact by Email
- SANDY LIU
- 460 REALTY
- 1 (250) 732-8878
- Contact by Email
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.