Bought with Melvin Yap Remax Real estate services
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486 Franklyn St Nanaimo, BC V9R 2X7
4,965 SqFt
Key Details
Sold Price -
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,965 sqft
MLS Listing ID 962606
Sold Date -
HOA Y/N No
Annual Tax Amount $19,892
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Mixed Use
Property Description
Excellent Investment opportunity to own a fully leased property located just blocks from Nanaimo Downtown center. The land area is 7,636 sq ft, zoned Downtown (DT2) and is situated on a corner lot with brand new sidewalks surrounding the buildings. Building 1 (486 Franklyn St) consists of 4 units (A,B,C & D) for a total of 3,865 sq ft and Building 2 (390 Selby St) is 1,100 Sq. Ft. There are a total of 3 tenancies with 1 Tenant occupying Units A & B & 390 Selby Street for a total of 3,415 Sq. Ft. Unit C is 650 sq. Ft. and Unit D is 900 Sq. Ft. There is onsite and street parking available. Leases are triple net leases. These smaller complexes rarely come available. Call or email for a full detailed package.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Zoning DT2
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Street Surface Paved
Garage No
Building
Lot Description Corner Lot, Easy Access, Serviced, Shopping Nearby, Sidewalk, Square Lot
Sewer Sewer Connected
Water Municipal
Others
Ownership Freehold
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”