Retail for sale

6461,6481 Portsmouth Rd, Nanaimo

$4,105,000 or
Contact the REALTOR®
Retail for sale in Nanaimo, North Nanaimo, 6461,6481 Portsmouth Rd, 953991 | Realtylink.org
Retail for sale in Nanaimo, North Nanaimo, 6461,6481 Portsmouth Rd, 953991 | Realtylink.org Retail for sale in Nanaimo, North Nanaimo, 6461,6481 Portsmouth Rd, 953991 | Realtylink.org Retail for sale in Nanaimo, North Nanaimo, 6461,6481 Portsmouth Rd, 953991 | Realtylink.org Retail for sale in Nanaimo, North Nanaimo, 6461,6481 Portsmouth Rd, 953991 | Realtylink.org
$4,105,000 or

Retail for sale

6461,6481 Portsmouth Rd, Nanaimo

Features

Lifestyle
953991 4105000 /en/retail~for-sale~nanaimo/953991?view=Summary /en/retail~for-sale~nanaimo/953991/photos 49.2389900000 -124.0456600000 true
Lot Size
39,195 sqft
Zoning
CC4
80

Description

Opportunity to acquire by share purchase, two adjacent properties that are 100% occupied by strong tenants in the Woodgrove area of North Nanaimo. Secure in place income with considerable future upside by way of renewing tenancies and the option of selling individual titles in the future. Both buildings have grade level loading doors plus a loading dock. Approximate cap rate of 5.5% on year 1 with some annual lease escalations.
MLS® Number 953991

Listing REALTOR®

Jason Winton, REALTOR<sup>®</sup>

Jason Winton

REALTOR®
250-740-1060

Colliers International (Nan)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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