Address
300 Terminal Ave S, Nanaimo, BC
Price
$ 449,000
Property Attributes
  • MLS#1024752
  • TypeCommercial
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Old City
  • Postal CodeV9R 5C8
  • StyleMixed Use
  • Year Built1954
  • Taxes$ 11448
  • Price$ 449,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3100
  • Lot Size0.05 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

INVESTORS ALERT! Downtown Core Nanaimo, best price for a building in one of Canada's top rated cities. Owner may VTM finance! This high viz building offers strong HWY 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

General Features

Sewer Sewer Connected
Heating Electric,Heat Pump
Cooling Air Conditioning,HVAC
Zoning DT4
View City
Property Subtype Mixed Use
Property Type Commercial Sale
Construction Materials Frame Metal,Insulation All,Steel and Concrete,Stucco,Wood
Commercial Area Not Applicable
Commercial Listing Type Building

Interior Features

Flooring Mixed
Total Units 1

Exterior Features

Building Features High Traffic Area,Kitchen/Staff Room,Leasehold Improvements,Shopping Nearby,Transit Nearby,Visual Exposure,See Remarks
Exterior Features Display Window,Low Maintenance Yard,Security System,Sign: Allowed,Sign: Dir Brd,Storefront,See Remarks
Lot Features Central Location,Marina Nearby,Serviced,Shopping Nearby,Sidewalk,See Remarks
Water Source Municipal
Foundation Poured Concrete
Building Area Total 3100.00
Lot Size Square Feet 2007.00
Lot Size Acres 0.05
View YN Yes
Parking Onsite YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9R 5C8

Price
AVG $450K
$450K
Taxes
AVG $11,448
$11,448
Year Built
AVG 1954
1954
Visits
AVG 443
441
Data Provided by Inside Real Estate®

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