$850,000
$895,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1672-1674 Cedar Rd Nanaimo, BC V8X 1W1
0.32 Acres Lot
Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 861243
Annual Tax Amount $9,905
Tax Year 2019
Lot Size 0.320 Acres
Property Description
ENTRY LEVEL INVESTMENT - MIXED RESIDENTIAL COMMERCIAL
Ideal investment opportunity for the person or persons looking at jumping into the Commercial Real Estate market. The offering includes 6 residential apartments (all Month -Month rentals) as well as 2 commercial units (Both with Leases in place). One of the Commercial units is a free standing building while the other office also contains an adjoining 1 bedroom suite. Future Higher Density Development Opportunity.
Location
Province BC
County Nanaimo Regional District
Area Na Cedar
Zoning RS2
Interior
Heating Electric, Natural Gas
Flooring Mixed
Exterior
Exterior Feature Awning(s), Balcony, Balcony/Deck
Parking On Site 1
Utilities Available Cable To Lot, Electricity To Lot, Natural Gas To Lot, Phone To Lot
Building
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
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Bought with Unrepresented Buyer Pseudo-Office