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15 Front St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 935020
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
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
Located on downtown Nanaimo's historic Commercial Street, the Rogers Block is a prominent mixed-use building. Its ground floor boasts two commercial units, perfect for retail or services. The second floor features four offices, ideal for professionals seeking a central location. Additionally, a ground floor storage area provides convenience. Access and parking are facilitated by 340 Terminal Avenue, enhancing accessibility. The building features a newer roof completed around 2017, ensuring durability and reduced maintenance costs. Given its prime location, the Rogers Block enjoys high occupancy and significant demand, making it an attractive investment opportunity in Nanaimo's bustling downtown core.More 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
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
Step into a piece of history with this era kept, tastefully updated 1927 house boasting historic charm and modern comforts. Nestled in a prime location, this 3-bedroom, 2-bathroom abode offers breathtaking views of mountains, cityscapes, and the ocean, creating an picturesque backdrop for daily living. Admire original architectural details seamlessly blended with contemporary finishes, creating a timeless aesthetic. The ready-to-go in-law suite provides versatile living options, while the new 2-bedroom, 2 full bathroom carriage house adds another layer of practicality and convenience. Located near amenities recreation and all levels of schools, these homes are a rare find. Experience the best of heritage living with modern convenience - schedule your tour today!More details
EXCELLENT DOWNTOWN LOCATION, THIS CONVERTED CHARACTER HOME IS LOCATED IN THE HEART OF DOWNTOWN NEXT TO GOVERNMENT AND COOPERATE OFFICE BUILDINGS AND ADJACENT TO NEW MULTI-FAMILY DEVELOPMENT IN THE AREA. FORMALLY USED AS A LAWYERS OFFICE AND ADMINISTRATION, THIS BUILDING IS IDEALY SUITED AND SETUP FOR OFFICE AND MEDICAL SERVICE OR GOVERNMENT USE IN A GROWING AND DEMANDED AREA OF THE CITY. THE BUILDING FEATURES A MAIN LEVEL ENTRANCE WITH SEPARATE ACCESS OFF WALLACE STREET AND THE REAR ST, RICHARDS STREET WITH 7 ON-SITE PARKING STALLS. THE 2ND FLOOR OFFICE SPACE IS ACCESSIBLE FROM THE SEPARATE REAR STAIRCASE ENTRANCE OFF RICHARDS ST THERE ARE 2 SEPARATE METERS AT THE BUILDING ALLOWING FOR 2 SEPARATE OFFICES OR COMBINED SPACES, AND 2 SEPARATE HEATING SYSTEMS. THE FULL BASEMENT HAS BOTH MAIN FLOOR ACCESS AND SEPARATE OUTSIDE ACCESS, IDEAL FOR STORAGE.More details
This stunning sought after executive upper townhouse in The Pacifica offers the perfect blend of luxury and convenience. With 3 beds and 3 baths and contemporary styling throughout, a gourmet kitchen equipped with high end appliances and a beautiful gas range stove and sprawling living room and dining room is perfect for entertaining guests. Located in the heart of Nanaimo and steps away from the Sea wall promenade you can enjoy your morning coffee on your private balcony or huge rooftop patio that comes with a hot tub both showcasing breathtaking 180 degree views of the Nanaimo Harbour. You'll love the convenience of all the amenities that downtown living offers such as restaurants, shopping and nightlife all within a 5 minute walk. Feel like going to Vancouver? Harbour Air Sea Plane is right there so you can be there in 25min! This townhouse is not just a home, it's a lifestyle. Experience the best of waterfront living and make every day a vacation at this exquisite property.More details
An exceptional Multi family Development opportunity awaits with two distinct development paths, each promising lucrative returns. Firstly, proceed with the 21-unit development, ready for Building Permit application after May 2024. The central location offers 1 bedroom units with similar units selling for $625/sqft in the neighbouring area. The recently upgraded on-grade parking option helps to bring building costs down significantly. Projected rental cash flow is approx. $32K. If stratifying and selling units individually, estimated ROI is approx 35%. Alternatively, consider crafting 9 townhomes (approx. 1300 sqft each), eliminating architect costs and providing substantial savings. In addition, enjoy a property tax exemption through the City of Nanaimo, contributing to long-term financial benefits. Invest wisely in this rapidly growing city grappling with a housing shortage, making this property a prime opportunity for both immediate and sustained returns.More details