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451 Albert St Nanaimo, British Columbia V9R 2V9

Forced Air

$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:33633)

Property Details

MLS® Number 966227
Property Type Other
Neigbourhood Old City
Features Other

Building

Constructed Date 1954
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 7600 Sqft
Type Commercial Mix

Land

Acreage No
Size Irregular 11160
Size Total 11160 Sqft
Size Total Text 11160 Sqft
Zoning Description Dt8
Zoning Type Unknown

https://www.realtor.ca/real-estate/27017287/451-albert-st-nanaimo-old-city

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