Rocket Web Labs Inc. Wix MLS IDX Real Estate

324 Terminal Ave

MLS® 860091

Property Description

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

Listing Price

$950,000

Property Type

Business

Year Built

1974

Living Area

0 SqFt

Bedrooms

Total Bathrooms

Tax Year

2020

Annual Tax Amount

$12,970.17

Interior Features

Lot Features

Exterior Features

Total Fireplaces

Water Source

Municipal

Gas

Heating

Cooling

Sewer

Sewer To Lot

Style of Home

Layout

Basement

Subdivision

Elementary School

Middle School

High School

Directions

Property Location

Listing by RE/MAX Of Nanaimo

Listing information last updated: Mon May 17 2021 16:15:09 GMT+0000 (Coordinated Universal Time)

Rocket Web Labs Inc. Wix MLS IDX Real Estate

Let's Talk

Jenny Bruce Personal Real Estate Corporation

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Rocket Web Labs Inc. Wix MLS IDX Real Estate

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