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1934 Northfield Rd

Nanaimo, BC V9S 3B5
  • $1,800,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 924586
UPDATED: 166 min ago
$1,800,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
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Type:
Business Opportunity
Area:

School Ratings & Info

School District:

Description

Land Building & business. Bastion Design & Trophies has NO competition in central Vancouver Island. None. You may not think that a Trophy business makes this much money, but there is far more to this trophy shop than you think. Sales have consistently been in the 300K range for years, and now are increasing dramatically, as the competitor closed and sold off their equipment. Sales were up 62% in 2021-2022, and the trend continues. Equipment value $203,000.00 plus inventory. Bastion produces a wide range of products, and regularly provides signs for other sign shops, as no-one wants to invest in the machine's to fulfil this demand. Part of what they make: industrial parts marking, directional signage, Serial numbers on machinery and mechanical systems used by contractors, Indoor and outdoor specialty signage, door numbers etc. License to produce "braille" signage marking. A wonderful family business, with a bright future. Do not approach staff please. Measures are approximate.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-03-25T00:22:16.867.
www.westcoastrealtor.com/homes/137367440
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1934 Northfield Rd Nanaimo, BC V9S 3B5

  • Price: $1,800,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 166 min ago
  • MLS #: 924586
0
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighbourhood:
Na Central Nanaimo
Area:
Nanaimo
School District:
Nanaimo, City Of
Property Description
Land Building & business. Bastion Design & Trophies has NO competition in central Vancouver Island. None. You may not think that a Trophy business makes this much money, but there is far more to this trophy shop than you think. Sales have consistently been in the 300K range for years, and now are increasing dramatically, as the competitor closed and sold off their equipment. Sales were up 62% in 2021-2022, and the trend continues. Equipment value $203,000.00 plus inventory. Bastion produces a wide range of products, and regularly provides signs for other sign shops, as no-one wants to invest in the machine's to fulfil this demand. Part of what they make: industrial parts marking, directional signage, Serial numbers on machinery and mechanical systems used by contractors, Indoor and outdoor specialty signage, door numbers etc. License to produce "braille" signage marking. A wonderful family business, with a bright future. Do not approach staff please. Measures are approximate.
Exterior Features

Construction Materials Cement FibreShingle-Other Entry Location Main Level Exterior Features Awning(S)Display WindowFencing: PartialLow Maintenance YardSecurity SystemStorefront Lot Features Central LocationServicedShopping Nearby Parking Features On Site Road Frontage Type Lane Road Surface Type Paved View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring Mixed Foundation Details Other Heating ElectricForced AirSpace Heater Heating YN Yes

Property Features

Building Features BasementHigh Traffic AreaKitchen/Staff RoomParkingSecurity SystemStorage Room Existing Lease Type Sale Of Shares Gross Income 179608 Inclusions ElectricEquip/MachineryFixturesGoodwillParkingReal EstateTrade Name(S) Net Operating Income 113931 Operating Expense 65677 Other Equipment Security System Ownership Freehold Property Sub Type Business Rental Allowed Unrestricted Restrictions Alr: No Sewer Sewer Connected Tax Annual Amount 14009.19 Tax Jurisdiction City Of Nanaimo Tax Year 2022 Utilities Cable ConnectedElectricity ConnectedGarbagePhone Connected Water Source Municipal Youngest Age Allowed 0

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Sutton Group-West Coast Realty (Nan) and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-03-25T00:22:16.867.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8