1045 Terminal Ave N, Nanaimo, British Columbia

$1,150,000

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0.72

Acres

About 1045 Terminal Ave N

High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place. (id:36535)

Features of 1045 Terminal Ave N

Listing # 1041535
Price $1,150,000
Bathrooms 0.00
Acres 0.72
Type Other
Sub-Type Freehold

Community Information

Address 1045 Terminal Ave N
Subdivision Central Nanaimo
City Nanaimo
Province British Columbia
Postal Code V9S4K3

Amenities

Features Central location, Level lot, Other
Parking Spaces 35
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeCourtesy Of Royal LePage Nanaimo Realty (NanIsHwyN)

Listing Map