Prime investment opportunity in downtown Nanaimo! This commercial building & property is a gem to be discovered & features 2 stories encompassing approx 7,600 sq.ft, on a 11160 sq.ft lot, ample space for various ventures. With DT8 zoning, numerous usage options are available, including retail, restaurant, warehousing/storage, printing/publishing, pawn shop, second hand store, thrift shop, dollar store, & more. The potential for profit & a good cap rate is endless. Well-constructed & vacant for immediate possession, The building has a gas forced air heating system, 3 bathrooms, front & rear paved parking with loading dock. Separate hydro room with multiple power meters & 3-phase power. Perfect building for your growing business. Level street access on main floor, with decent traffic count. Just blocks to downtown & close to BC Ferries, Sea Plane, Hullo ferry & Heli Jet terminal servicing Vancouver. Plenty of parking front/back/street. Don't miss out to enhance your investment portfolio.
| Address |
451 Albert St |
| List Price |
$949,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Mixed Use |
| Area |
Nanaimo |
| Sub-Area |
Na Old City |
| Lot Size |
11160 Sq. Ft. |
| Year Built |
1954 |
| MLS® Number |
966227 |
| Listing Brokerage |
Sutton Group-West Coast Realty (Nan)
|
| Postal Code |
V9R 2V9 |
| Tax Amount |
$15,696 |
| Tax Year |
2023 |
| Features |
Forced Air, Natural Gas |
| Amenities |
Awning(s), Easy Access, Fencing: Partial, Sign: Allowed |
