1000 Terminal Avenue, Nanaimo, V9S4K4

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Description

An outstanding investment opportunity in the heart of one of Nanaimo's most active commercial corridors. This fully tenanted, mixed use property offers a solid return and long-term potential with COR2 (Mixed-Use Corridor) zoning, allowing for a wide range of commercial and residential uses, as well as future redevelopment. The building features two well-maintained residential suites on the upper floor and a ground-floor commercial space, all currently rented to quality tenants. This turn-key income producing property is ideal for investors seeking reliable cash flow and value appreciation over time. Property Features: -COR2 zoning with redevelopment flexibility -Two fully leased residential units -Tenanted commercial space with street level access -Great curb appeal and professional maintenance -Ample off-street parking -High traffic exposure and central location With its strategic location, stable income, and future development upside, 1000 Terminal Ave is a rare offering in todays market. Whether you're looking to expand your investment portfolio, secure high-performing asset, or take advantage of the generous zoning, this property offers it all. Own the land. Own the building. Unlock the potential. Contact Charles today! (id:39198)

69 days

On Market

Other

Property Type

$11,759 / Year

Est. Taxes

Commercial Mix

Style

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Garage

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Basement