4146/4156 Departure Bay Rd, Nanaimo, BC, V9T 4B7

$1,650,000

MLS® # 980894

House For Sale In Long Lake/Linley Valley, Nanaimo, British Columbia

$1,650,000

Property Information:

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 2 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 beds and 2 baths. 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. All measurements are approx.

Exclusions : Equip/Machinery,Fixtures,Franchise,Inventory,Supplies,Trade Name(s)

Property Features:

  • Annual Tax Amount: $17,288
  • Building Features: High Traffic Area
  • Construction Materials: Block, Frame Wood, Insulation All, Wood
  • Cooling: Air Conditioning
  • Exclusions: Equip/Machinery, Fixtures, Franchise, Inventory, Supplies, Trade Name(s)
  • Exterior Features: Balcony, Fencing: Partial, Low Maintenance Yard, Sign: Allowed, Storefront
  • Floor Space (approx): 5938 Square Feet
  • Flooring: Mixed
  • Foundation Details: Slab
  • Heating: Baseboard, Electric, Heat Pump
  • Lot Features: Central Location, Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure
  • Lot Frontage: 16991 Square Feet
  • Lot Size: 16991.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Road Surface Type: Paved
  • Utilities: Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
  • Water Source: Municipal
  • Sewer:
  • No. of Parking Spaces: 12

Courtesy of: 460 Realty Inc. (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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