100 Wallace St, Nanaimo
- Type: Commercial
- Added: 91 days ago
- Updated: 90 days ago
- Last Checked: 9 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)
Show More Details and Features
Property DetailsKey information about 100 Wallace St
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 100 Wallace St
Location & CommunityUnderstand the neighborhood and community
Tax & Legal InformationGet tax and legal details applicable to 100 Wallace St
This listing content provided by REALTOR.ca has
been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
