615 Townsite Rd, Nanaimo BC V9S 1L4

$3,550,000 · For Sale

built 1960 · Commercial Sale

Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement.

Property details

Property type
Commercial Sale
Lot size
56628
Year built
1960

Photographs

615 Townsite Rd, Nanaimo — photograph 1615 Townsite Rd, Nanaimo — photograph 2615 Townsite Rd, Nanaimo — photograph 3615 Townsite Rd, Nanaimo — photograph 4615 Townsite Rd, Nanaimo — photograph 5615 Townsite Rd, Nanaimo — photograph 6615 Townsite Rd, Nanaimo — photograph 7615 Townsite Rd, Nanaimo — photograph 8