$3,550,000

615 Townsite Road, Nanaimo V9S1L4

Built 1960

Detached

Listed by: 460 Commercial Inc..
Data provided by CREA's Data Distribution Facility.

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:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Commercial Mix

Annual Taxes: $70,588

Lot Size: 1.3

Property Details

Property Type	Detached
Sub Type	Other
Lot Size	1 sq ft
Year Built	1960
Days on Market	116
Listing ID	1032811

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