Nanaimo, City of, V9S 4K4

950 Terminal Ave

866184

MLS® Number

7,086 SqFt

Lot Size

$1,098,000

Listing by RE/MAX Of Nanaimo

Listing information last updated: Wed Apr 21 2021 09:42:49 GMT+0000 (Coordinated Universal Time)

Excellent opportunity to own this family owned & operated 9-unit Motel plus 2-bed owners suite in Nanaimo on Vancouver Island of BC. This package is being offered as a 100% share sale plus building & land. Great small business investment with good cashflow & potential for increased income growth. Excellent highway exposure, located in central Nanaimo with easy access to downtown Nanaimo, the ferry & seaplane terminals. Just a short walk to restaurants, groceries, banks, liquor & other shopping amenities. There is a variety of rooms for guests over 2 levels incl 5 deluxe rooms with 2 beds, 3 king size kitchenette studios all which have sliding glass doors to a deck and rear yard, 1 family suite which incl separate bedroom w/balcony, bed, couch & kitchen, & all rooms offer a 4 piece bath. In addition, on site is a 2-bed manager's suite with outdoor patio area, storage room & laundry room. Recent updates include LED TV's in all rooms & lighting in deluxe rooms.

Full Address

950 Terminal Ave N, Nanaimo BC V9S 4K4

MLS® Number

866184

Status

Active

Listing Price

$1,098,000

Property Type

Commercial Sale

Property Subtype

Business

Year Built

Days on Market

32 Days

Request More Info

Your Name *

Email Address*

Contact Number*

Message

MLS® Number

866184

Listing Price

$1,098,000

Status

Active

Property Type

Commercial Sale

Lot Size SqFt

7,086 SqFt

Lot Size Acres

0.16 Acres

Days on Market

32 Days

Tax Annual Amount

$7,106

Tax Year

2020

Full Address

950 Terminal Ave N, Nanaimo BC V9S 4K4

City

Nanaimo

Postal Code

V9S 4K4

District

Nanaimo, City of

Zoning

COR2

MLS Area Major

Nanaimo

MLS Area Minor

Na Central Nanaimo

Featured Listings

HANDPICKED VICTORIA HOMES I KNOW YOU'LL LOVE

872406

617 1400 Lynburne Pl

Capital Regional District, V9B 6S1

By RE/MAX Camosun

Condo Apartment

872406

1 Bed

872406

2 Bath

872406

812 SqFt

872406

Built in 2008

872406

MLS® 872406

872406

22

866794

106 3429 Happy Valley Rd

Capital Regional District, V9B 6B1

By RE/MAX Camosun

Row/Townhouse

866794

3 Bed

866794

3 Bath

866794

1,156 SqFt

866794

Built in 2022

866794

MLS® 866794

866794

1

872560

4083 Borden St

Capital Regional District, V8X 2G2

By RE/MAX Camosun

Single Family Detached

872560

4 Bed

872560

2 Bath

872560

8,400 SqFt

872560

Built in 1956

872560

MLS® 872560

872560

22