DOWNTOWN NANAIMO

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A & B 111 Terminal Ave
Na Old City Nanaimo V9R 5C6

$17 /sqft
Commercial Lease built: 1988

Main Photo: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
Photo 1: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
Photo 2: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
Photo 3: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
Photo 4: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
Photo 5: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
Photo 6: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
924686
Year Built:
1988
Fantastic drive-up location facing Terminal Ave at corner of Campbell Street. This location is minutes from Nanaimo Harbour Airport. This site is at a high traffic low speed thoroughfare on a fabulous corner and is immediately adjacent and flows through to the #1 Highway. This location is ideal for any drive-thru or drive-up style business. The zoning allows for multiple uses including Assembly Hall, Auto Sales and Rental, Cultural Facility, Daycare, Entertainment use, Financial Institution, Funeral Parlour, Lab, Live/work, Lounge, Microbrewery, Neighbourhood Pub, Office, Pawnshop, Personal Care, Pharmacy, Publishing, Production, Recreation, Recycling, Restaurant, Retail, Social Services, Academic or Technical School, Vet Clinic or Wholesale.2 units available, minimum 611 Sf to 2,649 SF Total size. The space at Unit A includes 3 bathrooms, kitchen/storage area, and otherwise open floor plan. Unit B has about 1/3 of the space used as offices and bathroom. Storage area at the back.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building, Land
Year built:
1988 (Age: 35)
Lease Type:
Absolute Net
Lease Term:
3-10 Years
Lease per Sq Ft:
7.42
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5,855.041 sq. ft.
Taxes:
Building Features:
Parking
Construction:
Concrete
Electricity:
Yes
Number of Storeys:
1
Ceiling Heights:
Total Building Area:
2,649 sq. ft.
Leasable Area:
2,465 sq. ft.
Commercial Area:
Subdivisable Area:
Yes
Subdivisable Area Max:
2,465 sq. ft.
Subdivisable Area Min:
611 sq. ft.
Heating:
Forced Air
Fireplace:
No
Pending Date:
Sign: Allowed
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Legal Description:
Zoning:
DT4
Units in Building:
Units in Community:
Utilities:
Cable Available, Electricity Available, Natural Gas Available
Lot Site Features:
Easy Access, Level
Parking Features:
On Site
Total Units:
Date Listed:
Mar 03, 2023
Original Price:
17.0
  • Photo 1: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
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  • Photo 2: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
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  • Photo 3: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
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  • Photo 4: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
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  • Photo 5: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
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  • Photo 6: A & B 111 Terminal Ave in Nanaimo: Na Old City Retail for lease : MLS®# 924686
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Listed by RE/MAX First Realty (PK)
Data was last updated September 30, 2023 at 10:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.