Prime investment opportunity in downtown Nanaimo! This commercial building & property is a gem to be discovered & features 2 stories encompassing approx 7,600 sq.ft, on a 11160 sq.ft lot, ample space for various ventures. With DT8 zoning, numerous usage options are available, including retail, restaurant, warehousing/storage, printing/publishing, pawn shop, second hand store, thrift shop, dollar store, & more. The potential for profit & a good cap rate is endless. Well-constructed & vacant for immediate possession, The building has a gas forced air heating system, 3 bathrooms, front & rear paved parking with loading dock. Separate hydro room with multiple power meters & 3-phase power. Perfect building for your growing business. Level street access on main floor, with decent traffic count. Just blocks to downtown & close to BC Ferries, Sea Plane, Hullo ferry & Heli Jet terminal servicing Vancouver. Plenty of parking front/back/street. Don't miss out to enhance your investment portfolio. (id:47421)
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Detailed Information
Features
Other
Listing Contract Date
2024-06-10
Municipal ID
001-833-464
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Zoning Description
DT8
Zoning
Unknown
Building
Constructed Date
1954
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
7600 square feet
Type
Commercial Mix
Land
Total Size
11160 square feet
Size of Irregular Land
11160
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