BC > Nanaimo
Nanaimo, BC V9T 2H3,4300 Wellington Rd
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Nanaimo, BC V9T 2H3,4300 Wellington Rd
Nanaimo, BC V9T 2H3,4300 Wellington Rd
Nanaimo, BC V9T 2H3,4300 Wellington Rd
Nanaimo, BC V9T 2H3,4300 Wellington Rd

$6,400,000

Est. payment /mo

$6,750,000

5.2%
Est.Price: ?

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4300 Wellington Rd Nanaimo, BC V9T 2H3

SOLD DATE : 07/15/2024

Key Details

Sold Price $6,400,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 953896

Year Built 1996

Annual Tax Amount $101,088

Tax Year 2023

Property Description

Nanaimo Light Industrial /Service Commercial Investment Opportunity. Four strata units (Units 101,102,305 & 309) that are 100% occupied by three strong tenants at Wellington Center in Central Nanaimo. Secure in place income with considerable future upside by way of renewing tenancies at market rents and the option of selling individual units in the future. At an asking price of $224 per square foot, these units are being offered at well below current market value. The four units comprise a total of 30,044 square feet and are occupied by long term tenants; BC Ferries, GardaWorld Security and CBI Health. Please do not walk the property without the approval of the Listing Agents.

Location

Province BC

County Nanaimo, City Of

Area Na Diver Lake

Zoning COR3

Exterior

Parking On Site 1

Building

Lot Description Central Location, Easy Access

Story 1

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 Colliers International (Nan)
Bought with Unrepresented Buyer Pseudo-Office
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John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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