Nanaimo, BC V9T4B7,4146/4156 Departure Bay Rd
Nanaimo, BC V9T4B7,4146/4156 Departure Bay Rd
Nanaimo, BC V9T4B7,4146/4156 Departure Bay Rd
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$1,650,000
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0.39 Acres Lot
Active

4146/4156 Departure Bay Rd Nanaimo, BC V9T4B7

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Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Departure Bay

MLS® Listing ID 980894

Originating Board Vancouver Island Real Estate Board

Lot Size 0.390 Acres

Acres 16991.0

Property Description

Welcome to 4146 & 4156 Departure Bay Rd, situated in the heart of central Nanaimo, BC! These two parcels totaling 16,991 sqft, are zoned COR2 which allows for mixed use, street orientated development along urban arterials and major collector roads. The two properties are currently leased with a revenue of $4905 per month (4146) and $500 per month (4156), for a total monthly revenue of $5405. 4146 Departure Bay features a 1,465sqft fast food store (currently Subway) with full kitchen, seating area and customer restroom. Additionally, there is a fully functional 1,035sqft store with 469sqft attached office space. The upper floor houses a spacious 2,969sqft apartment with 3 bedrooms and 2 bathrooms. Next door, bring your creative ideas to 4156 Departure Bay that is currently a storage yard that could be expanded upon. Located next to Wellington Secondary, and a short walk to Country Club Center, this property draws significant clientele from the bustling location alone. Don't miss this lucrative opportunity to own this perfect investment property. All measurements are approximate and should be verified if important. (id:24570)

Location

State BC

Zoning Unknown

Interior

Heating Baseboard heaters, Heat Pump,

Cooling Air Conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 12

Private Pool No

Others

Ownership Freehold


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Listed by 460 Realty Inc. (NA)

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4146/4156 Departure Bay Rd