Views
Address
2223&2225 Rosstown Rd City of Nanaimo, BC
Price
$ 1,099,800
Property Attributes
  • MLS#860306
  • TypeCommercial
  • CityCity of Nanaimo
  • AreaNa Diver Lake
  • NeighbourhoodNa Diver Lake
  • Postal CodeV9T 3R4
  • StyleMulti Family
  • Taxes5807
  • Price$ 1,099,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size12,632 SqFt
Listing Provided Courtesy Of:
Royal LePage Coast Capital - Westshore
Property Description

Opportunity to obtain two side by side properties on separate titles with four suites and solid revenue - tenants are in place offering over 5% CAP rate at the current asking price. The location is positioned in the heart of Nanaimo opposite Beban Park Recreational Centre and Frank Crane Arena just off of the north end of Bowen Road close to all amenities, on a major bus route and walking distance to shopping, recreation and dining. Currently zoned R1, there is potential to rezone the property as per the OCP (Official Community Plan) designation of Corridor offering a multitude of options including but not limited to a condo development site, town homes, care facility, commercial, etc. Refer to City of Nanaimo Corridor 1, 2 or 3 zoning for clarification of OCP future use.

General Features

Business Type Accommodation
Commercial Area Other
Commercial Listing Type Building, Land
Construction Materials Frame Wood, Wood, See Remarks
Flooring Mixed
Heating Baseboard, Electric
Pets Allowed Y/N Yes
Property SubType Multi Family
Property Type Commercial Sale
Sewer Sewer Connected
View Mountain(s)
Zoning R1

Interior Features

Total Units 4

Exterior Features

Building Features Basement, Bike Storage, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, Workshop, See Remarks
Exterior Features Balcony/Deck, Balcony/Patio, Fencing: Partial, Garden, Low Maintenance Yard, Sign: Allowed, See Remarks
Foundation Slab
Lot Description Central Location, Corner, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Lot Size Acres 0.29
Lot Size Square Feet 12916.00
Parking Onsite Yn Yes
View Yn Yes
Water Source Municipal

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V9T 3R4

Price
AVG $1.1M
$1.1M
Taxes
AVG $5,807
$5,807
Visits
AVG 4
3
Walkscore
AVG 36
36
Data Provided by Walkscore ® not using MLS data