451 Albert St, Nanaimo

$949,000 |   MLS® Number  966227

Commercial property for sale in Nanaimo, Old City, 451 Albert St, 966227 | Realtylink.org

Commercial property for sale

Year Built
1954
Floor Area
7,600 sqft
Lot Size
11,160 sqft
Gross Property Tax
$15,696 /year
Zoning
DT8
Amenities
Awning(s), Fencing: Partial, Sign: Allowed, High Traffic Area, Loading Bay(s), Parking
Additional Features
Easy Access
95

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.