$ 1,650,000
4146/4156 Departure Bay Rd Nanaimo, BC V9T4B7
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$ 1,650,000
Est. payment | /mo
0.39 Acres Lot
$ 1,650,000
Est. payment | /mo
0.39 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Departure Bay
MLS® Listing ID 980894
Originating Board Vancouver Island Real Estate Board
Lot Size 0.390 Acres
Acres 16991.0
Property Description
Welcome to 4146 & 4156 Departure Bay Rd, situated in the heart of central Nanaimo, BC! These two parcels totaling 16,991 sqft, are zoned COR2 which allows for mixed use, street orientated development along urban arterials and major collector roads. The two properties are currently leased with a revenue of $5405 per month (4146) and $500 per month (4156), for a total monthly revenue of $5905. 4146 Departure Bay features a 1,465sqft fast food store (currently Subway) with full kitchen, seating area and customer restroom. Additionally, there is a fully functional 1,035sqft store with 469sqft attached office space. The upper floor houses a spacious 2,969sqft apartment with 3 bedrooms and 2 bathrooms. Next door, bring your creative ideas to 4156 Departure Bay that is currently a storage yard that could be expanded upon. Located next to Wellington Secondary, and a short walk to Country Club Center, this property draws significant clientele from the bustling location alone. Don't miss this lucrative opportunity to own this perfect investment property. All measurements are approximate and should be verified if important. (id:24570)
Location
Province BC
Zoning Unknown
Interior
Heating Baseboard heaters, Heat Pump,
Cooling Air Conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 12
Private Pool No
Others
Ownership Freehold
Listed by 460 Realty Inc. (NA)
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Andy Katoch
Agent | License ID: LDKATOCAN