Industrial Sale

NAI Listings

7431 Industrial Rd
Na Upper Lantzville Lantzville V0R 2H0

$4,200,000
Commercial Sale built: 2016

Main Photo: 7431 Industrial Rd in Lantzville: Na Upper Lantzville Industrial for sale (Nanaimo)  : MLS®# 950701
Photo 1: 7431 Industrial Rd in Lantzville: Na Upper Lantzville Industrial for sale (Nanaimo)  : MLS®# 950701
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
950701
Year Built:
2016
Opportunity to purchase a 15,182 Sq Ft Light Industrial zoned two storey building on Industrial Road in Lantzville. The location provides high visibility and excellent exposure (approx. 100 feet of of road frontage) and access to the Island highway. The building was built in 2015 as a steel framed warehouse with a product showroom and one grade level door, yard space at the side and rear of the building. The property includes Three phase. 400 amp, 120/208 volt main service. The current tenant of the building JEMCO who supply Commercial Kitchen equipment would vacate the building upon completion.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building, Land
Year built:
2016 (Age: 8)
Lease Type:
Sale Price
Listing General Location:
Na Upper Lantzville, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.53 acre(s)
Taxes:
$17,254 / 2021
Construction:
See Remarks
New Construction:
No
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Door Features:
Warehouse Doors: 1
Floor finish:
Concrete
Total Building Area:
15,182 sq. ft.
Total Potential Area:
15,182 sq. ft.
Commercial Area:
Not Applicable
Subdivisable Area:
No
Water supply:
Municipal
Sewer:
Septic System, Sewer Available
Heating:
Heat Pump, Natural Gas, Space Heater
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
1704000.0
Assessment year:
2023
Jurisdiction name:
District of Lantzville (SD68)
Legal Description:
Lot 5, Plan VIP15245, District Lot 44, Wellington Land District
Zoning:
L1
Legal Non-Conformance:
No
Occupancy:
Owner
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
1
Date Listed:
Jan 09, 2024
Original Price:
4200000.0
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Data was last updated February 28, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
102
Avg list price:
$1,074,950
Min list price:
$15
Max list price:
$9,900,000
Avg days on market:
109
Min days on market:
1
Max days on market:
707
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
John Hankins