BC > Nanaimo
Nanaimo, BC V9R 2V9,451 Albert St
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Nanaimo, BC V9R 2V9,451 Albert St
Nanaimo, BC V9R 2V9,451 Albert St
Nanaimo, BC V9R 2V9,451 Albert St
Nanaimo, BC V9R 2V9,451 Albert St

$929,000

Est. payment /mo

$949,000

2.1%
Est.Price: ?

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451 Albert St Nanaimo, BC V9R 2V9

0.26 Acres Lot

SOLD DATE : 10/15/2024

Key Details

Sold Price $929,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 966227

Year Built 1954

Annual Tax Amount $15,696

Tax Year 2023

Lot Size 0.260 Acres

Property Description

Prime investment opportunity in downtown Nanaimo! This commercial building & property is a gem to be discovered & features 2 stories encompassing approx 7,600 sq.ft, on a 11160 sq.ft lot, ample space for various ventures. With DT8 zoning, numerous usage options are available, including retail, restaurant, warehousing/storage, printing/publishing, pawn shop, second hand store, thrift shop, dollar store, & more. The potential for profit & a good cap rate is endless. Well-constructed & vacant for immediate possession, The building has a gas forced air heating system, 3 bathrooms, front & rear paved parking with loading dock. Separate hydro room with multiple power meters & 3-phase power. Perfect building for your growing business. Level street access on main floor, with decent traffic count. Just blocks to downtown & close to BC Ferries, Sea Plane, Hullo ferry & Heli Jet terminal servicing Vancouver. Plenty of parking front/back/street. Don't miss out to enhance your investment portfolio.

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT8

Interior

Heating Forced Air, Natural Gas

Exterior

Exterior Feature Awning(s), Fencing: Partial, Sign: Allowed

Parking On Site 1

Utilities Available Electricity To Lot, Natural Gas To Lot, Phone To Lot

Building

Lot Description Easy Access

Story 2

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Stucco

Others

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

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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 Sutton Group-West Coast Realty (Nan)
Bought with RE/MAX of Nanaimo
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Agent | License ID: 1184085

+1(250) 619-9207

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