Bought with Moin Edraki RE/MAX of Nanaimo
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451 Albert St Nanaimo, BC V9R 2V9
7,600 SqFt
Key Details
Sold Price -
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,600 sqft
MLS Listing ID 966227
Sold Date -
HOA Y/N No
Year Built 1954
Annual Tax Amount $15,696
Tax Year 2023
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Mixed Use
Property Description
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.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Zoning DT8
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Exterior Feature Awning(s), Fencing: Partial, Sign: Allowed
Parking Features On Site
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected
View Y/N false
Garage No
Building
Lot Description Easy Access
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Others
Ownership Freehold
Acceptable Financing Must Be Paid Off
Listing Terms Must Be Paid Off
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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.”