$1,049,000 FOR SALE

Commercial/Retail

486 Franklyn St
Nanaimo, BC V9R 2X7 | Old City

Excellent Investment opportunity to own a fully leased property located just blocks from Nanaimo Downtown center. The land area is 7,636 sq ft, zoned Downtown (DT2) and is situated on a corner lot with brand new sidewalks surrounding the buildings. Building 1 (486 Franklyn St) consists of 4 units (A,B,C & D) for a total of 3,865 sq ft and Building 2 (390 Selby St) is 1,100 Sq. Ft. There are a total of 3 tenancies with 1 Tenant occupying Units A & B & 390 Selby Street for a total of 3,415 Sq. Ft. Unit C is 650 sq. Ft. and Unit D is 900 Sq. Ft. There is onsite and street parking available. Leases are triple net leases. These smaller complexes rarely come available. Call or email for a full detailed package. (id:47423)

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Listed By RE/MAX of Nanaimo
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 962606
Last Updated May 07, 2024
Property Summary
Property Type Commercial/Retail

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Neighbourhood Old City
Price History
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Detailed Information
Features Corner Site, Other
Listing Contract Date 2024-05-02
Municipal ID 008-781-699
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description DT2
Zoning Unknown
Building
Size (Exterior) 4965 square feet
Type Commercial Mix
Land
Total Size 7636 square feet
Access Type Road access
Size of Irregular Land 7636

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