Multi Residential and Commercial Investment Opportunity with excess land! Strategically located on the busy Alberni Hwy which offers excellent exposure, zoned Commercial 3. The site offers 3.5 acres of level land which fronts 3 roads. Improved with a renovated 7,500 sq. ft. quality building with many updates throughout that include roof and vinyl windows. The main level is a recently renovated commercial space with a solid long-term lease in place with newer furnace, heat pump and HWT. On the upper 2 levels are the 4 residential apartments which are very spacious and well finished. Offering 2 bedrooms & 2 bathrooms each, they are equipped with their own hydro meters, own laundry, own HWT, buzzer system, storage, and plenty of parking. The site is serviced by a Well and Septic system. Plenty of parking on the large, paved area which encompasses the building. Excess land is partially grassed and treed with high visibility, great for your business! This is a solid investment. Info Pkg.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Year built:
1984
(Age: 40)
Lease Type:
Sale Price
Listing General Location:
PQ Errington/Coombs/Hilliers, Parksville/Qualicum
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
3.5 acre(s)1.416 hectare(s)
Number of Storeys:
3
Total Building Area:
7,500 sq. ft.696.773 m2
Water supply:
Well: Drilled
Sewer:
Septic System
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Alberni Rural (769)
Zoning:
C-3.16
Occupancy:
Tenant
Lot Site Features:
Acreage, Corner Lot, Easy Access, Irregular Lot, Level, Rural Setting, In Wooded Area
Parking Features:
On Site
Road Surface Type:
Paved
Date Listed:
Jun 18, 2024
Original Price:
1950000.0
Listed by RE/MAX of Nanaimo
Data was last updated June 28, 2024 at 08:05 AM (UTC)