1045 Terminal Av N - Commercial LAND FOR SALE


Nanaimo, BC V9S 4K3 31,363 SF
$1,250,000 CAD
250-327-8988
1045 Terminal Av N, Nanaimo, BC for Sale
$1,250,000 CAD
Commercial LAND - FOR SALE
1/1
31,363 SF

1045 Terminal Av N
Nanaimo, BC V9S 4K3


HIGHLIGHTS

  • High exposure corner property
  • Zoned COR3, this flexible designation supports a wide range of commercial uses

OVERVIEW

High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place

FOR SALE DETAILS

PRICE

$1,250,000 CAD

PRICE/ACRE

$1,736,111/AC

PRICE/SF

$40 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Redevelopment Opportunity 0.72 acres

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.72 AC

LAND SF

31,363 SF

OFFSITE IMPROVEMENTS

-

ZONING

CCOR3

APN/PARCEL ID

003-987-884

ASK ABOUT THIS PROPERTY

Lee RobinsonRoyal LePage Nanaimo RealtyMore Info
250-327-8988

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Lee RobinsonRoyal LePage Nanaimo RealtyMore Info
250-327-8988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.