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 and 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. Information package available.
Address |
1223 Smithers Rd |
List Price |
$1,950,000 |
Property Type |
Commercial Sale |
Type of Dwelling |
Mixed Use |
Area |
Parksville/Qualicum |
Sub-Area |
PQ Errington/Coombs/Hilliers |
Lot Size |
152460 Sq. Ft. |
Year Built |
1984 |
MLS® Number |
967814 |
Listing Brokerage |
RE/MAX of Nanaimo
|
Postal Code |
V9P 2C1 |
Tax Amount |
$11,168 |
Tax Year |
2023 |
Amenities |
Acreage, Corner Lot, Easy Access, Irregular Lot, Level, Rural Setting, In Wooded Area |