100 Wallace St Old City, Nanaimo, British Columbia, CA

Address: 100 Wallace St, Nanaimo, British Columbia

0 Beds0 Baths0 sqftStatus: Buy
Price $3,299,000

Property Overview


Introducing an unparalleled investment opportunity in downtown Nanaimo! This fully occupied building, with most tenants having long-term leases, including an anchor tenant, the walk-in clinic, secured until 2030, generates over $150k in net profit annually. The diverse mix of tenants includes a pharmacy, physiotherapist, sleep clinic, CPA office, and art studio. Situated at the heart of Nanaimo's downtown center and with a 7-level apartment building under construction across the street, the potential for growth is immense. Benefit from stable income streams and tap into the future synergy with neighboring residents. With the rising demand for downtown residential properties, consider the possibility of transforming this property into coveted condominiums. Whether you're an investor seeking stability or an entrepreneur with a vision, this property offers an unparalleled opportunity. Don't miss out on this prime real estate investment. All measurements are approximate, to verify if important. (id:51532)

 

Tags




Property Summary
Property Type
Other
Building Type
Commercial Mix
Title
Freehold
Neighbourhood Name
Old City
Land Size
14375 sqft
Building
Building Features
Features
Corner Site
Parking
Total Parking Spaces
21
Land
Other Property Information
Zoning Description
DT3
Features
           Corner Site
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Your Home Finance Calculation

Property Price CA $3,299,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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