$1,599,000

Commercial For Sale In Newcastle, Nanaimo, British Columbia

$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

Courtesy of: Royal LePage Nanaimo Realty

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