451 Albert St Nanaimo, British Columbia V9R 2V9
$949,000
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. (id:52782)
Property Details
| MLS® Number | 966227 |
| Property Type | Other |
| Neigbourhood | Old City |
| Features | Other |
Building
| ConstructedDate | 1954 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 7600 Sqft |
| Type | Commercial Mix |
Land
| Acreage | No |
| SizeIrregular | 11160 |
| SizeTotal | 11160 Sqft |
| SizeTotalText | 11160 Sqft |
| ZoningDescription | Dt8 |
| ZoningType | Unknown |
https://www.realtor.ca/real-estate/27017287/451-albert-st-nanaimo-old-city
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June 23 2024 05:22:35
Vancouver Island Real Estate Board
Sutton Group-West Coast Realty (Nan)