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For Sale
$1,150,000
MLS® 1041535
1045 Terminal Ave N
Nanaimo, British Columbia, V9S4K3
- Interior
- 4,447 sqft
- Property type
- Other
- Building
- Other
- Lot size
- 0.72 acres
- Parking
- 35
- Ownership
- Freehold
Property facts
- Interior
- 4,447 sqft
- Property type
- Other
- Building
- Other
- Transaction
- For Sale
- Lot size
- 0.72 acres
- Parking
- 35
- Ownership
- Freehold
About this property
High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place. (id:53361)