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615 Townsite Rd
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615 Townsite Rd

Nanaimo, British Columbia V9S1L4

$3,550,000

MLS® 1032811

1960

Year Built

Other

Type

1 acres

Lot Size

Description

Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $70,588.00
Structure Commercial Mix

Listed by

460 Commercial Inc.

Vancouver Island

Interested in this property?

Contact Kara Call 604.328.8000
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