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Listing by John Hankins 460 Commercial Inc.
$ 4,100,000
Est. payment | /mo
15,110 SqFt
$ 4,100,000
Est. payment | /mo
15,110 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 15,110 sqft
Price per Sqft $271
MLS Listing ID 1032811
HOA Y/N No
Year Built 1960
Annual Tax Amount $70,588
Tax Year 2025
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Mixed Use
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.
Location
Province BC
County Nanaimo, City Of
Community Na Central Nanaimo
Area Nanaimo
Zoning CC1
Interior
Fireplace No
Exterior
Exterior Feature Sign: Allowed
Parking Features On Site
View Y/N false
Garage No
Others
Ownership Freehold
Nearby Locations
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