Address
1045 Terminal Ave N, Nanaimo, BC
Price
$ 1,150,000
Property Attributes
- MLS#1041535
- TypeCommercial
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa Central Nanaimo
- Postal CodeV9S 4K3
- StyleMixed Use
- Taxes$ 25023
- Price$ 1,150,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4447
- Lot Size0.72 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description
High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place.
General Features
| Sewer | Sewer Connected |
|---|---|
| Zoning | COR3 |
| Property Subtype | Mixed Use |
| Property Type | Commercial Sale |
| Parking Total | 35 |
| Commercial Area | Not Applicable |
| Commercial Listing Type | Building,Land |
Interior Features
| Total Units | 2 |
|---|
Exterior Features
| Building Features | High Traffic Area,Kitchen/Staff Room,Parking,Shopping Nearby,Transit Nearby,Visual Exposure |
|---|---|
| Lot Features | Central Location,Easy Access,Level,Shopping Nearby,Sidewalk |
| Water Source | Municipal |
| Building Area Total | 4447.00 |
| Lot Size Square Feet | 31446.00 |
| Lot Size Acres | 0.72 |
| 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 V9S 4K3
Price
Taxes
Visits
In The Neighbourhood
Just Listed
Nanaimo
$ 1,800,000
- Type
- Commercial
- Size
- 3,000 SqFt
Sutton Group-West Coast Realty (Nan)
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