615 TOWNSITE ROAD - $3,550,000

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$3,550,000
615 TOWNSITE ROAD
Nanaimo, British Columbia V9S1L4
MLS® Number: 1032811
1960Year Built
OtherType

About This Property

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:64973)

Property Details

Lot Size1.3 (1 acres)
Year Built1960
Property TypeOther
Annual Taxes$70,588
CityNanaimo
Postal CodeV9S1L4
MLS® #1032811

Location

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