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Listed by Jim Johnson Sutton Group-West Coast Realty (Nan)

$499,000

Est. payment - /mo

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3,100 SqFt

Active

300 Terminal Ave Nanaimo, BC V9R 5C8

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Tina Gonzalez PREC* & Tim Webb PREC*

info@islandhomes4you.com +1(778) 837-1144

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $160

MLS Listing ID 1024752

HOA Y/N No

Year Built 1954

Annual Tax Amount $11,448

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Property Description

2 Story commercial revenue building in Downtown Core Nanaimo, one of Canada's top rated cities. Owner may VTM finance! Located on Highway, this high viz building offers strong 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

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning DT4

Interior

Heating Electric, Heat Pump

Cooling Air Conditioning, HVAC

Flooring Mixed

Inclusions Leasehold Improvements, Real Estate

Equipment Other Improvements

Fireplace No

Exterior

Exterior Feature Display Window, Low Maintenance Yard, Security System, Sign: Allowed, Sign: Dir Brd, Storefront, See Remarks

Parking Features On Site

Utilities Available Cable Available, Electricity Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available

View Y/N Yes

View City

Garage No

Building

Lot Description Central Location, Marina Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Ownership Freehold

Acceptable Financing Agreement for Sale, Must Be Paid Off

Listing Terms Agreement for Sale, Must Be Paid Off

Special Listing Condition Updated/Remodeled

Nearby Locations

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T & T Real Estate Team - Island Homes 4 You

REALTORS®

+1(778) 837-1144