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15 Front St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 935020
Introducing an unparalleled investment opportunity in downtown Nanaimo! This fully occupied building, with most tenants having long-term leases, including an anchor tenant, the walk-in clinic, secured until 2030, generates over $150k in net profit annually. The diverse mix of tenants includes a pharmacy, physiotherapist, sleep clinic, CPA office, and art studio. Situated at the heart of Nanaimo's downtown center and with a 7-level apartment building under construction across the street, the potential for growth is immense. Benefit from stable income streams and tap into the future synergy with neighboring residents. With the rising demand for downtown residential properties, consider the possibility of transforming this property into coveted condominiums. Whether you're an investor seeking stability or an entrepreneur with a vision, this property offers an unparalleled opportunity. All measurements are approximate, to verify if important.More details
Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity.More details
Attention Investors! Almost NEW 8 plex with great warranty remaining! Located on Kennedy street, which is in the heart of Old City, Nanaimo, BC this beautifully constructed building has a whole lot of Modern while maintaining the heritage building scheme and character. Each unit is fully self contained and private. The upper units have large decks to enjoy while the lower units still have their private outdoor patios and storage. There is a nice large parking lot that is shared in the back of the building or plenty of street parking for guests. The current rents are all at or above market rent with excellent residents occupying the suites. The landscaping is beautifully though out and very easy to maintain. Contact me today to request an information package and a private tour! All measurements are approximate.More details
Investment Property Opportunity! Purchase this fully leased building showing a great annual return of $102,000.00 with a Cap rate over 5% at the asking price. With a 5-year lease & options to renew lasting until 2043.
The building is situated in Nanaimo’s Vibrant Old City Quarter area and is occupied by one of the city’s most popular award-winning restaurants “Asteras Greek Taverna.” The building was raised and renovated in 1996 with further renovations in 2008 to its current operation. There is a 2-bedroom, 2-bathroom apartment on the top floor which is rented month to month. The building is set back on the lot allowing parking in the front and on the street. The 2-level building is +/- 3405 square feet in size plus a basement storage area. The owner states the roof is newer and is a hands-off operation. “Please do not disturb the tenant and business operation!” Call for further details and information. All measurements and data is approximate and to be verified if important.More details
A true gem of a property in the Old City Quarter waiting for a savvy business owner to live and work in one amazing location! The property includes a completely renovated heritage home with 425 sq/ft of commercial space and 775 sq/ft of residential living space. The property zoning allows for another commercial structure and/or food truck. The property is fenced with a commercial grade patio in front for restaurant patrons and/or food/product sales. The basement is unfinished and allows for product/business storage with easy outdoor access. The location allows for street parking for patrons and 2-car parking onsite. The property is nestled between well-known restaurants on Wesley Street. The Nanaimo shopping and waterfront surround this location - don't miss this opportunity to live and work in Nanaimo!More details
Over 10,000 SF of under utilized building included with iconic family-run restaurant located in Nanaimo in business over 35 years with loyal customer base! 120 Seats plus extended patio. Liquor license and full commercial kitchen and equipment to handle high volume catering. Winner of numerous awards and featured on TV food shows, and various vloggers. The original owners are ready to retire. This is a fantastic opportunity to run an established business and build equity on a great holding property with two titles. Turn-key operation with plenty of upside potential. Lots of redevelopment in the area. Please do not approach staff. Vendor financing possibleMore details
Welcome to this exceptional ocean view office building on Front Street, right in the Business hub of downtown Nanaimo. With over 12,000 SF spread across 3.5 floors, this historic building has long been favored by law firms & professionals for its close proximity to the Provincial Court, Service Canada, Transport Canada & other institutions. The building offers a versatile layout with a well designed interior featuring open and enclosed office areas, boardrooms for collaborative meetings & ample reception & storage spaces. The property benefits from the ongoing development & revitalization of the area & its location a short walk to the seawall providing access to the picturesque waterfront. The back offices offer breathtaking views of the serene coastal scenery, creating a truly inspiring and captivating work environment. Join the ranks of successful organizations that have chosen this location for its unparalleled convenience & close proximity to
key institutionsMore details
Listed by Sutton Group-West Coast Realty East 49th and Sutton Group-West Coast Realty
Opportunity to acquire a fully renovated 6 unit apartment building in Nanaimo BC. The property is situated close to Nanaimo's downtown. Originally built in 1948 and completely renovated in 20189, this two storey building features 5 x 1 bedroom units and 1 x 2 bedroom unit. parking is provided at the side of the building and each suite has its own exterior entrance. The building features a BRAND NEW ROOF!More details
Listed by Macdonald Commercial Real Estate Services Ltd
Business opportunity awaits, DBA Superette Foods, Beaufort Enterprises Limited are ready for new owners. Current owner retiring this includes Land, Building & Business & most equipment is included. This well-established business has been a staple of the downtown Community for decades. A Steady Business with consistent sales, a great little grocery store with meat department, produce section both in and outside, dairy, groceries and some daily household items, this is a great local store that’s has that family feel. Located on a strategic corner with parking loading bay, walk in coolers, some storage for inventory, upstairs offers a suite, currently occupied. This is a turnkey operation.More details
First time on the market! Come discover this exquisite Old Quarter property featuring a beautifully restored & renovated 1930s character home alongside a contemporary carriage house on 0.21-acre lot. Home features 8 beds/5 baths, grand entrance staircase & covered porch, leaded glass, coved ceiling, cozy family room, a formal dining area, tastefully renovated kitchen, bright sun room, multiple decks—ideal for both entertaining and relaxation. Modern hot water radiant heating for cost efficient heating, quality appliances, new hot water tanks, upgraded electrical & plumbing, a low-maintenance fully-fenced yard perfect for pets. The modern 2-bed carriage house offers additional living space or rental potential, making this property even more versatile. This remarkable home, with its blend of historical elegance and modern functionality, is a rare find. Schedule a visit to experience its unique features and charm firsthand. All measurements and data should be verified if deemed important.More details
2 homes on 1 lot! First, step into a piece of history with this era kept, tastefully updated 3 bedroom, 2 bathroom 1927 home boasting historic charm and modern comforts. Admire original architectural details seamlessly blended with contemporary finishes, creating a timeless aesthetic. The ready-to-go in-law suite downstairs provides additional living options within the main house. In the back of the property accessed thru a lane way is your brand new 2 bedroom, 2 full bathroom carriage house. Live in the carriage house and rent out the main house or the other way around? Maybe you need a spot for extended family? No matter how you look at it, located near amenities recreation and all levels of schools, these types of living possiblities in the city are a rare find. The city, mountain and ocean views are the cherry on top! Experience the best of heritage living with modern convenience - schedule your tour today!More details