1000 Terminal Ave Active

Nanaimo,BC V9S4K4

$ 1100000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision South Nanaimo

MLS Listing ID 1007883

Lot Size 5,167 Sqft

Acres 5167.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

An outstanding investment opportunity in the heart of one of Nanaimo's most active commercial corridors. This fully tenanted, mixed use property offers a solid return and long-term potential with COR2 (Mixed-Use Corridor) zoning, allowing for a wide range of commercial and residential uses, as well as future redevelopment. The building features two well-maintained residential suites on the upper floor and a ground-floor commercial space, all currently rented to quality tenants. This turn-key income producing property is ideal for investors seeking reliable cash flow and value appreciation over time. Property Features: -COR2 zoning with redevelopment flexibility -Two fully leased residential units -Tenanted commercial space with street level access -Great curb appeal and professional maintenance -Ample off-street parking -High traffic exposure and central location With its strategic location, stable income, and future development upside, 1000 Terminal Ave is a rare offering in todays market. Whether you're looking to expand your investment portfolio, secure high-performing asset, or take advantage of the generous zoning, this property offers it all. Own the land. Own the building. Unlock the potential. Contact Charles today! (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Interior

Heating Heat Pump,

Cooling Air Conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 10

Private Pool No

Others

Ownership Freehold

Virtual Tour https://unbranded.youriguide.com/1000_terminal_ave_n_nanaimo_bc/

View More
Favorite Go Tour