Welcome to 4146 & 4156 Departure Bay Rd, situated in the heart of central Nanaimo, BC! These two parcels totaling 16,991 sqft, are zoned COR2 which allows for mixed use, street orientated development along urban arterials and major collector roads. The two properties are currently leased with a revenue of $5405 per month (4146) and $500 per month (4156), for a total monthly revenue of $5905. 4146 Departure Bay features a 1,465sqft fast food store (currently Subway) with full kitchen, seating area and customer restroom. Additionally, there is a fully functional 1,035sqft store with 469sqft attached office space. The upper floor houses a spacious 2,969sqft apartment with 3 bedrooms and 2 bathrooms. Next door, bring your creative ideas to 4156 Departure Bay that is currently a storage yard that could be expanded upon. Located next to Wellington Secondary, and a short walk to Country Club Center, this property draws significant clientele from the bustling location alone. Don't miss this lucrative opportunity to own this perfect investment property. All measurements are approximate and should be verified if important.
| Address |
4146/4156 Departure Bay Rd |
| List Price |
$1,650,000 |
| Property Type |
Commercial Sale |
| Type of Dwelling |
Mixed Use |
| Area |
Nanaimo |
| Sub-Area |
Na Departure Bay |
| Lot Size |
16991 Sq. Ft. |
| Lot Size Acres |
0.39 Ac. |
| MLS® Number |
980894 |
| Listing Brokerage |
460 Realty Inc. (NA)
|
| Postal Code |
V9T 4B7 |
| Tax Amount |
$17,288 |
| Tax Year |
2023 |
| Features |
Baseboard, Electric, Heat Pump, Mixed |
| Amenities |
Balcony, Central Location, Fencing: Partial, Level, Low Maintenance Yard, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Sign: Allowed, Southern Exposure, Storefront |
