1045 TERMINAL AVENUE

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$1,250,000
1045 TERMINAL AVENUE
Nanaimo, British Columbia V9S4K3
MLS® Number: 1025841
35Parking
OtherType

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:64973)

Property Details

Lot Size0.72 (1 acres)
Property TypeOther
Parking35
Annual Taxes$25,023
CityNanaimo
Postal CodeV9S4K3
MLS® #1025841

Location

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