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615 Townsite Rd, Nanaimo, BC, V9S 1L4

MLS® # 1032811
Commercial For Sale In Townsite, Nanaimo, British Columbia
$3,550,000

None Beds

615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
615 Townsite Rd, Nanaimo, BC
  • Advertising
615 Townsite Rd, Nanaimo, BC, V9S 1L4
$3,550,000

Property Information:

Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement.

Property Features:

  • Annual Tax Amount: $70,588
  • Built in: 1960
  • Exterior Features: Sign: Allowed
  • Floor Space (approx): 15110 Square Feet
  • Lot Frontage: 56628 Square Feet
  • Lot Size: 1.30 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Zoning: CC1
  • No. of Parking Spaces: 0

Courtesy of: 460 Commercial Inc.

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.

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Location of 615 Townsite Rd, Nanaimo, BC, V9S 1L4

Demographic Information of 615 Townsite Rd, Nanaimo, BC, V9S 1L4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,321.53

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.81 %

High school certificate or equivalent

30.91 %

Apprenticeship trade certificate/diploma

10.11 %

College/non-university certificate

21.43 %

University certificate (below bachelor)

2.97 %

University Degree

21.78 %

Commuter

Travel To Work

By Car

78.87 %

By Public Transit

6.03 %

By Walking

8.2 %

By Bicycle

0.37 %

By Other Methods

6.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

55.9 %

Houses

44.1 %

Own Vs. Rent

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