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300 Terminal Ave

Nanaimo, BC V9R 5C8
  • $529,900
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 923574
UPDATED: 17 min ago
$529,900
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Built:
1954
Area:

School Ratings & Info

School District:

Description

Heres your chance to acquire a solid & fully leased commercial revenue property open your own offices downtown with great visibility being located on Terminal Avenue in downtown Nanaimo, next to the Skinner Street Car Park thats just below the Bastion Street Bridge. The two floors of the building are accessed by separate entrances. With total of 3600 Sq ft split equally between the 2 floors you can enjoy steady income and build up Equity as the city is growing exponentially. This building provides an opportunity at an entry level price that comparably has by far the best value for a commercial building in the downtown core. The owner - user could operate from a portion of the second floor space while continuing to lease the ground floor unit along with a portion of the upper floor maximizing your cash flow and needs for a private office location. Sharpest priced downtown Nanaimo commercial building!

Monthly Payment Calculator

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: 2023-03-29T19:22:15.883.
www.westcoastrealtor.com/homes/137026065
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300 Terminal Ave Nanaimo, BC V9R 5C8

  • Price: $529,900
  • Status: Active
  • On Site: 40 Days
  • Updated: 17 min ago
  • MLS #: 923574
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1954
Built
Neighbourhood:
Na Old City
Area:
Nanaimo
School District:
Nanaimo, City Of
Property Description
Heres your chance to acquire a solid & fully leased commercial revenue property open your own offices downtown with great visibility being located on Terminal Avenue in downtown Nanaimo, next to the Skinner Street Car Park thats just below the Bastion Street Bridge. The two floors of the building are accessed by separate entrances. With total of 3600 Sq ft split equally between the 2 floors you can enjoy steady income and build up Equity as the city is growing exponentially. This building provides an opportunity at an entry level price that comparably has by far the best value for a commercial building in the downtown core. The owner - user could operate from a portion of the second floor space while continuing to lease the ground floor unit along with a portion of the upper floor maximizing your cash flow and needs for a private office location. Sharpest priced downtown Nanaimo commercial building!
Exterior Features

Construction Materials Frame MetalFrame WoodGlassStucco Entry Location Main Level Exterior Features Display WindowSign: Dir Brd View City View YN Yes Waterfront YN No

Interior Features

Cooling Hvac Cooling YN Yes Fireplace YN No Flooring Mixed Foundation Details Concrete Perimeter Heating ElectricHeat Pump Heating YN Yes

Property Features

Building Features High Traffic AreaShopping NearbyTransit NearbyVisual Exposure Existing Lease Type Sale Price New Construction YN No Ownership Freehold Property Condition Updated/Remodeled Property Sub Type Mixed Use Rental Allowed Unrestricted Sewer Sewer Connected Tax Annual Amount 10175.65 Tax Jurisdiction City Of Nanaimo Tax Year 2022 Water Source Municipal Youngest Age Allowed 0 Zoning Dt4

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of 460 Realty Inc. (Na) 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: 2023-03-29T19:22:15.883.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8