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$ 1,100,000
Est. payment /mo
Active
1000 Terminal Ave Nanaimo, BC V9S4K4
5,167 Sqft Lot
UPDATED:
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/
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)