Portrait of Carly Carey, Realtor®

Carly Carey

Realtor®

4180 Island Hwy N, Nanaimo, BC

$2,100,000

About 4180 Island Hwy N

Investment opportunity for Sale - Tenanted office/retail building featuring +/- 7,248 SF of leaseable area situated on the Island Highway in North Nanaimo. The property currently has two existing tenancies, and one small office vacancy of 1,271 SF which is currently offered for lease. The location possesses 4 civic addresses, two of which are on longer term leases and providing strong covenants. There are future increases in rental rates allowing for upside in income. Land area is 1.08 acres and provides for parking fields at both ends of the building. With 600+ feet of frontage to the Island Highway, the property has great visibility and exposure, including signage exposure. Access is directly from the Island Highway via easement with the neighbouring property which houses Nanaimo Realty. Rear access is via 101st street.

Commercial Sale home for sale in Nanaimo, BC at 4180 Island Hwy N.

Features of 4180 Island Hwy N

MLS® # 934598
Price $2,100,000
Sold Price $1,950,000
Type Commercial Sale
Sub-Type Office
Status Closed

Community Information: Nanaimo

Address 4180 Island Hwy N
Area Na Uplands
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9T 1W6

Amenities of 4180 Island Hwy N

Is Waterfront No
Has Pool No

Interior of 4180 Island Hwy N

Fireplace No

Additional Information On 4180 Island Hwy N

Date Listed June 6th, 2023
Date Sold February 29th, 2024
Days on Market 228

Map To 4180 Island Hwy N, Nanaimo

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