Address
2040 SchoolHouse Rd, Nanaimo, BC
Price
$ 5,700,000
Property Attributes
  • MLS#949400
  • TypeCommercial
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Cedar
  • Postal CodeV9X 1T4
  • StyleIndustrial
  • Year Built2005
  • Taxes$ 22599
  • Price$ 5,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7325
  • Lot Size4.01 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

Industrial Development Site or End User opportunity (tenant willing to terminate lease if buyer wants) with this 4-acre Industrial Lot with Excellent HWY Exposure with 2 road frontages. Located in an industrial area of South Nanaimo, sits two properties w/ endless opportunities. 2040 School House Rd & 2035 Balsam road are being sold together & consist of a total of 4.01 acres. Building fronting Schoolhouse is approx. 7300 Sq. Ft that was built in 2005. It was constructed w/ metal framing & finished concrete slab flooring. The building includes a front reception/office w/ a loft area, lrg office, 2 baths, staff area w/ a kitchenette, 400 amp electrical service, & lrg bay door. There is an additional shop that fronts onto Balsam. The official community plan Land Use Designation is Light Industrial & Commercial making this a great development property. Both properties are currently zoned IN5 (Heavy Industrial).(Measurements & data approximate & should be verified if important)

General Features

Zoning IN5 (Industrial)
Property SubType Industrial
Property Type Commercial Sale
Construction Materials Aluminum Siding,Frame Metal
Commercial Area Other
Commercial Listing Type Building,Land

Interior Features

Flooring Concrete
Total Units 1

Exterior Features

Building Features Handicap Facilities,High Traffic Area,Kitchen/Staff Room,Loading Bay(s),Parking,Storage Room,Workshop
Lot Features Acreage
Foundation Poured Concrete,Slab
Building Area Total 7325.00
Lot Size Square Feet 174675.60
Lot Size Acres 4.01
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 V9X 1T4

Price
AVG $5.7M
$5.7M
Taxes
AVG $22,599
$22,599
Visits
AVG 263
262
Data Provided by Inside Real Estate®
Year Built
AVG 2005
2005

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