615 Townsite Rd, Nanaimo, British Columbia

$3,550,000

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1.30

Acres

About 615 Townsite Rd

Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement. (id:6289)

Other property for sale in Nanaimo, British Columbia at 615 Townsite Rd.

Features of 615 Townsite Rd

Listing # 1032811
Price $3,550,000
Bathrooms 0.00
Acres 1.30
Year Built 1960
Type Other
Sub-Type Commercial Mix

Community Information: Central Nanaimo

Address 615 Townsite Rd
Subdivision Central Nanaimo
City Nanaimo
Province British Columbia
Postal Code V9S1L4

Amenities of 615 Townsite Rd

Is Waterfront No
Has Pool No

Interior of 615 Townsite Rd

Fireplace No
Has Basement No

Additional Information On 615 Townsite Rd

Zoning Unknown

Listing Details

Office460 Commercial Inc.

Listing Map

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