100 Wallace St, Nanaimo
- Type: Commercial
- Added: 44 days ago
- Updated: 43 days ago
- Last Checked: 6 hours ago
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. Don't miss out on this prime real estate investment. All measurements are approximate, to verify if important. (id:1945)
Property Details
- Structure Type: Commercial Mix
- Building Area Total: 7560
Exterior & Lot Features
- View: City view, Ocean view
- Lot Features: Corner Site
- Lot Size Units: square feet
- Parking Total: 21
- Lot Size Dimensions: 14375
Location & Community
- Common Interest: Freehold
Tax & Legal Information
- Zoning: Unknown
- Parcel Number: 008-788-863
- Tax Annual Amount: 1970000
- Zoning Description: DT3
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