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New property listed in Na Diver Lake, Nanaimo

New property listed in Na Diver Lake, Nanaimo

I have listed a new property at 2227/2229 Wilgress Rd in Nanaimo. See details here

Opportunity to purchase an investment property located in the Northfield Industrial area of central Nanaimo. The building contains five units, which are leased to three long-term tenants. All leases are "net". Leases are to be during 2024. The building is solidly constructed and well maintained. The Northfield area is zoned Highway Industrial (I1) allowing a wide range of industrial and commercial uses. This range of light industrial uses are retained through the new ReImagine Nanaimo plan. The property has easy access to major routes throughout Nanaimo including the Island Highway and Trans Canada Hwy via Northfield Road