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486 Franklyn St Nanaimo, British Columbia V9R 2X7

$1,049,000

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. (id:33633)

Property Details

MLS® Number 962606
Property Type Other
Neigbourhood Old City
Features Corner Site, Other

Building

Fireplace Present No
Size Exterior 4965 Sqft
Type Commercial Mix

Land

Access Type Road Access
Acreage No
Size Irregular 7636
Size Total 7636 Sqft
Size Total Text 7636 Sqft
Zoning Description Dt2
Zoning Type Unknown

https://www.realtor.ca/real-estate/26838907/486-franklyn-st-nanaimo-old-city

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