BC > Nanaimo
Nanaimo, BC V9R 2X7,486 Franklyn St
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Nanaimo, BC V9R 2X7,486 Franklyn St
Nanaimo, BC V9R 2X7,486 Franklyn St
Nanaimo, BC V9R 2X7,486 Franklyn St
Nanaimo, BC V9R 2X7,486 Franklyn St

$1,010,000

Est. payment /mo

$1,049,000

3.7%
Est.Price: ?

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486 Franklyn St Nanaimo, BC V9R 2X7

7,840 Sqft Lot

SOLD DATE : 06/18/2024

Key Details

Sold Price $1,010,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 962606

Annual Tax Amount $19,892

Tax Year 2023

Lot Size 7,840 Sqft

Property Sub-Type Mixed Use

Property Description

Excellent Investment opportunity to own a fully leased property located just blocks from Nanaimo Downtown center. The land area is 7,636 sq ft, zoned Downtown (DT2) and is situated on a corner lot with brand new sidewalks surrounding the buildings. Building 1 (486 Franklyn St) consists of 4 units (A,B,C & D) for a total of 3,865 sq ft and Building 2 (390 Selby St) is 1,100 Sq. Ft. There are a total of 3 tenancies with 1 Tenant occupying Units A & B & 390 Selby Street for a total of 3,415 Sq. Ft. Unit C is 650 sq. Ft. and Unit D is 900 Sq. Ft. There is onsite and street parking available. Leases are triple net leases. These smaller complexes rarely come available. Call or email for a full detailed package.

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT2

Exterior

Parking On Site 1

Building

Lot Description Corner, Easy Access, Serviced, Shopping Nearby, Sidewalk, Square Lot

Sewer Sewer Connected

Water Municipal

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John Cooper

John Cooper

+1(250) 619-9207

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by RE/MAX of Nanaimo
Bought with Remax Real estate services
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John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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