
Nanaimo, City of, V9R 5C8
324 Terminal Ave

860091
MLS® Number

3,020 SqFt
Lot Size
$950,000
Listing by RE/MAX Of Nanaimo
Listing information last updated: Tue Apr 13 2021 17:50:05 GMT+0000 (Coordinated Universal Time)
Fully leased commercial building with near 8% CAP Rate. 324 Terminal Ave is now fully leased with
its longest term tenant renewing for an additional term through 2023. Beautifully renovated
office building is in the heart of downtown Nanaimo, right beside the largest customer parkade
with stairs access to all shops & restaurants in the Commercial St corridor.
The owner purchased this building for his own use for a web development company & the
renovations were done to the highest standard by Bob Wall Contracting. It has NEW HVAC for all 3
units and is fully wired for the tech needs or any company. Out of town visitors to our clients
can walk to the building in less than 5 minutes from the seaplane. You cannot beat this location!
Since it is downtown Nanaimo, ensuring you have environmental surveys done is important. The owner
has already purchased both phase 1 & 2 environmental surveys and can provide them to interested
parties (this is an added value of over $50k)
Full Address
324 Terminal Ave, Nanaimo BC V9R 5C8
MLS® Number
860091
Status
Active
Listing Price
$950,000
Property Type
Commercial Sale
Property Subtype
Business
Year Built
1974
Days on Market
124 Days
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MLS® Number
860091
Listing Price
$950,000
Status
Active
Property Type
Commercial Sale
Lot Size SqFt
3,020 SqFt
Lot Size Acres
0.07 Acres
Year Built
1974
Days on Market
124 Days
Tax Annual Amount
$12,970.17
Tax Year
2020
Full Address
324 Terminal Ave, Nanaimo BC V9R 5C8
City
Nanaimo
Postal Code
V9R 5C8
District
Nanaimo, City of
Zoning
DT4
MLS Area Major
Nanaimo
MLS Area Minor
Na Old City