$1,250,000
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:57571)
Property Details
|
MLS® Number
|
1025841 |
|
Property Type
|
Other |
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Neigbourhood
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Central Nanaimo |
|
Features
|
Central Location, Level Lot, Other |
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Parking Space Total
|
35 |
Building
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Size Exterior
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4447 Sqft |
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Type
|
Commercial Mix |
Land
|
Access Type
|
Road Access |
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Acreage
|
No |
|
Size Irregular
|
0.72 |
|
Size Total
|
0.72 Ac |
|
Size Total Text
|
0.72 Ac |
|
Zoning Description
|
Cor3 |
|
Zoning Type
|
Unknown |
https://www.realtor.ca/real-estate/29352832/1045-terminal-ave-n-nanaimo-central-nanaimo