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∼ MLS No. 928246 ∼

Leased Strata Commercial | Investment Opportunity |103 – 679 Terminal Avenue, Nanaimo BC$439,500

679 Terminal Avenue North, Nanaimo, BC, Canada


  • Type: Investment
  • Year Built: 2014
  • Property Tax: 5627
  • Approx. Sq Ft: 1,260

INVESTMENT OPPORTUNITY

Constructed in 2014, this high visibility first class commercial strata unit is part of a 6 unit mixed use building. This 1,261 square foot ground floor commercial unit has an existing Tenant and would be an excellent investment. The unit opens into a large open showroom with a small kitchen area off to the right. Behind the showroom is a storage and office space and accessible washroom.

The building offers easy access, ample parking and a large pylon sign in this premier location.  Other commercial strata tenants include Xpose Salon and Lounge and Kids Kompany Small Fries.

The property is within walking distance to downtown, the seawall, shopping, the convention centre and seaplane connections to Vancouver and Richmond.

INVESTMENT VALUE

The Tenant has approximately 19 months remaining on the current three year lease term. The Lease is a Gross Lease.  Five percent capitalization rate.

Additional information available on completion of a Confidentiality Agreement.


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