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4146/4156 Departure Bay Rd Nanaimo, British Columbia V9T 4B7

Air Conditioned Baseboard Heaters, Heat Pump

$1,650,000

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:59709)

Property Details

MLS® Number 980894
Property Type Other
Neigbourhood Departure Bay
Features Central Location, Level Lot, Southern Exposure, Other, Rectangular
ParkingSpaceTotal 12

Building

CoolingType Air Conditioned
HeatingFuel Electric
HeatingType Baseboard Heaters, Heat Pump
SizeExterior 5938 Sqft
Type Commercial Mix

Land

AccessType Road Access
Acreage No
SizeIrregular 16991
SizeTotal 16991 Sqft
SizeTotalText 16991 Sqft
ZoningType Unknown

https://www.realtor.ca/real-estate/27661836/41464156-departure-bay-rd-nanaimo-departure-bay

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Cody Dreger
Personal Real Estate Corporation


460 Realty Inc. (Na)
202-1551 Estevan Road
Nanaimo, British Columbia V9S 3Y3

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