$1,826,000
$1,950,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
3.5 Acres Lot
SOLD DATE : 12/20/2024
Key Details
Sold Price $1,826,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 967814
Sold Date 12/20/24
Rental Info Unrestricted
Year Built 1984
Annual Tax Amount $11,168
Tax Year 2023
Lot Size 3.500 Acres
Acres 3.5
Property Description
Multi Residential and Commercial Investment Opportunity with excess land! Strategically located on the busy Alberni Hwy which offers excellent exposure, zoned Commercial 3. The site offers 3.5 acres of level land which fronts 3 roads. Improved with a renovated 7,500 sq. ft. quality building with many updates throughout that include roof and vinyl windows. The main level is a recently renovated commercial space with a solid long-term lease in place with newer furnace, heat pump and HWT. On the upper 2 levels are the 4 residential apartments which are very spacious and well finished. Offering 2 bedrooms & 2 bathrooms each, they are equipped with their own hydro meters, own laundry, own HWT, buzzer system, storage, and plenty of parking. The site is serviced by a Well and Septic system. Plenty of parking on the large, paved area which encompasses the building. Excess land is partially grassed and treed with high visibility, great for your business! This is a solid investment. Info Pkg.
Location
State BC
County Nanaimo Regional District
Area Pq Errington/Coombs/Hilliers
Zoning C-3.16
Exterior
Parking On Site 1
Building
Lot Description Acreage, Corner, Easy Access, Irregular Lot, Level, Rural Setting, In Wooded Area
Story 3
Sewer Septic System
Water Well: Drilled
Others
Tax ID 000-007-226
Ownership Freehold
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Bought with Royal LePage Parksville-Qualicum Beach Realty (QU)
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
3775 Panorama Crescent, Chemainus, British Columbia, V0R 1K4, CAN