324 Terminal Ave, Nanaimo, BC

$950,000

0.07

Acres

About 324 Terminal Ave

Fully leased commercial building with near 8% CAP Rate. 324 Terminal Ave is now fully leased with its longest term tenant renewing for an additional term through 2023. Beautifully renovated office building is in the heart of downtown Nanaimo, right beside the largest customer parkade with stairs access to all shops & restaurants in the Commercial St corridor. The owner purchased this building for his own use for a web development company & the renovations were done to the highest standard by Bob Wall Contracting. It has NEW HVAC for all 3 units and is fully wired for the tech needs or any company. Out of town visitors to our clients can walk to the building in less than 5 minutes from the seaplane. You cannot beat this location! Since it is downtown Nanaimo, ensuring you have environmental surveys done is important. The owner has already purchased both phase 1 & 2 environmental surveys and can provide them to interested parties (this is an added value of over $50k)

Commercial Sale home for sale in Nanaimo, BC at 324 Terminal Ave.

Features of 324 Terminal Ave

MLS® # 860091
Price $950,000
Bathrooms 0.00
Acres 0.07
Year Built 1974
Type Commercial Sale
Sub-Type Business
Status Active

Community Information: Nanaimo

Address 324 Terminal Ave
Area Na Old City
City Nanaimo
County Nanaimo, City of
Province BC
Postal Code V9R 5C8

Amenities of 324 Terminal Ave

Is Waterfront No

Interior of 324 Terminal Ave

Fireplace No
# of Stories 3

Exterior of 324 Terminal Ave

Construction Frame Wood
Foundation Slab

Additional Information On 324 Terminal Ave

Days on Market 67
Office RE/MAX Of Nanaimo
Zoning DT4

Map To 324 Terminal Ave, Nanaimo

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