Commercial property for sale
1000 Terminal Ave, Nanaimo
$1,100,000
Features
Floor Area
3,407 sqft
Lot Size
5,167 sqft
Gross Property Tax
$11,759.43 /year
Amenities
Security System, Balcony/Deck, Fencing: Partial, Garden, Lighting, Low Maintenance Yard, Security System, Storefront, Fire Alarm, Fire Sprinklers, Parking, Security System, Shopping Centre, Shopping Nearby, Storage Room
Additional Features
Central Location, Curb & Gutter, Easy Access, Landscaped, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
Description
An outstanding investment opportunity in the heart of one of Nanaimo's most active commercial corridors. This fully tenanted, mixed use property offers a solid return and long-term potential with COR2 (Mixed-Use Corridor) zoning, allowing for a wide range of commercial and residential uses, as well as future redevelopment.
The building features two well-maintained residential suites on the upper floor and a ground-floor commercial space, all currently rented to quality tenants. This turn-key income producing property is ideal for investors seeking reliable cash flow and value appreciation over time.
Property Features:
-COR2 zoning with redevelopment flexibility
-Two fully leased residential units
-Tenanted commercial space with street level access
-Great curb appeal and professional maintenance
-Ample off-street parking
-High traffic exposure and central location
With its strategic location, stable income, and future development upside, 1000 Terminal Ave is a rare offering in todays market. Whether you're looking to expand your investment portfolio, secure high-performing asset, or take advantage of the generous zoning, this property offers it all.
Own the land. Own the building. Unlock the potential.
Contact Charles today!
MLS® Number 1007883