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1045 Terminal Ave N, Nanaimo BC V9S 4K3
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$1,150,000

1045 Terminal Ave N, Nanaimo BC V9S 4K3, Nanaimo

Type
Mixed Use
MLS® Number
1041535

High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place.

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

Listing data via VIVA, the MLS® System of the Victoria and Vancouver Island Real Estate Boards; courtesy of Royal LePage Nanaimo Realty (NanIsHwyN).

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Allie Hampton

Allie Hampton · Realtor® | BRIX Real Estate Group | Real Broker BC Ltd. · License #191385

(236) 969-2366 · allie@alliehampton.com