BC > Nanaimo
Nanaimo, BC V9S 4K4,950 Terminal Ave N
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Nanaimo, BC V9S 4K4,950 Terminal Ave N
Nanaimo, BC V9S 4K4,950 Terminal Ave N
Nanaimo, BC V9S 4K4,950 Terminal Ave N
Nanaimo, BC V9S 4K4,950 Terminal Ave N

$1,065,000

Est. payment /mo

$1,098,000

3.0%
Est.Price: ?

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950 Terminal Ave N Nanaimo, BC V9S 4K4

6,969 Sqft Lot

SOLD DATE : 11/04/2021

Key Details

Sold Price $1,065,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 866184

Annual Tax Amount $7,106

Tax Year 2020

Lot Size 6,969 Sqft

Property Description

Excellent opportunity to own this family owned & operated 9-unit Motel plus 2-bed owners suite in Nanaimo on Vancouver Island of BC. This package is being offered as a 100% share sale plus building & land. Great small business investment with good cashflow & potential for increased income growth. Excellent highway exposure, located in central Nanaimo with easy access to downtown Nanaimo, the ferry & seaplane terminals. Just a short walk to restaurants, groceries, banks, liquor & other shopping amenities. There is a variety of rooms for guests over 2 levels incl 5 deluxe rooms with 2 beds, 3 king size kitchenette studios all which have sliding glass doors to a deck and rear yard, 1 family suite which incl separate bedroom w/balcony, bed, couch & kitchen, & all rooms offer a 4 piece bath. In addition, on site is a 2-bed manager's suite with outdoor patio area, storage room & laundry room. Recent updates include LED TV's in all rooms & lighting in deluxe rooms.

Location

Province BC

County Nanaimo, City Of

Area Na Central Nanaimo

Zoning COR2

Interior

Heating Baseboard, Electric

Cooling Air Conditioning

Flooring Mixed

Exterior

Exterior Feature Balcony/Deck, Fencing: Partial, Sign: Pylon

Parking On Site 1

Building

Lot Description Marina Nearby, Shopping Nearby

Story 2

Foundation Slab

Sewer Sewer Connected

Water Municipal

Structure Type Block,Concrete,Insulation All

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John Cooper

John Cooper

+1(250) 619-9207

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Listed by RE/MAX of Nanaimo
Bought with Unrepresented Buyer Pseudo-Office
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+1(250) 619-9207

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