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1045 Terminal Ave NORTH, Nanaimo, BC, V9S 4K3

MLS® # 924937
Commercial For Sale In Newcastle, Nanaimo, British Columbia
$1,599,000
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
1045 Terminal Ave North, Nanaimo, BC
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1045 Terminal Ave NORTH, Nanaimo, BC, V9S 4K3
$1,599,000

Property Information:

High visibility main street, corner lot, 0.72+/- acre property with 2 buildings. Desirable COR 3 zoning awaiting your business ideas. 4,215 sqft two level former restaurant building is vacant and has been cleared of all restaurant equipment. 1,800 sqft single level building leased with a long term restaurant tenant. There is a large paved parking lot that can accommodate 50 vehicles. this property is in the heart of the city near a major strip mall complex and across the road from another one. Bring your ideas, this is a very good opportunity to purchase a large piece of land on a major thoroughfare with income in place.

Property Features:

  • Annual Tax Amount: $19,807
  • Floor Space (approx): 6000 Square Feet
  • Lot Features: Central Location, Curb & Gutter, Easy Access, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby, Sidewalk
  • Lot Frontage: 31447 Square Feet
  • Lot Size: 0.72 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Road Surface Type: Paved
  • Zoning: COR3
  • Sewer:
  • No. of Parking Spaces: 50

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.

Location of 1045 Terminal Ave NORTH, Nanaimo, BC, V9S 4K3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

20 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: Significant

20 hot days expected in 2050

29/100

Significant

ClimateCheck®

Current data

This property, 1045 Terminal Ave NORTH, experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
20

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Exteme

14 storms expected in 2050

93/100

Exteme

ClimateCheck®

Current data

This property, 1045 Terminal Ave NORTH, experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past
569.5mm
2050
660mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1045 Terminal Ave NORTH, Nanaimo, BC, V9S 4K3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$99,395.39

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.91 %

High school certificate or equivalent

28.65 %

Apprenticeship trade certificate/diploma

15.13 %

College/non-university certificate

21.31 %

University certificate (below bachelor)

2.27 %

University Degree

21.73 %

Commuter

Travel To Work

By Car

80.73 %

By Public Transit

4.66 %

By Walking

6.21 %

By Bicycle

2.34 %

By Other Methods

6.06 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

21.36 %

Houses

78.64 %

Own Vs. Rent