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Listed by RE/MAX Of Nanaimo, sold on December, 2021
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1870 East Wellington Rd
Na Central Nanaimo
Nanaimo
V9S 5X7
$3,400,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 947310
- Photos (41)
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FOR SALE Land, Building & Business with significant re-development potential. Located in Central Nanaimo, zoned Commercial COR3 Community Corridor with a future re-development focus toward mixed commercial & multi-family. This site is located in an area that has undergone unprecedented development in the last 10 years such as new multi-family buildings, office buildings, and the newly built Greenrock service commercial/industrial node which includes various businesses that will service the needs of the local community all within walking distance to the hospital, 5 minute drive to downtown & VIU. The property frontage is over 250 ft with the total lot size 1.07 acres. Improved with a 13,296 sq ft tilt up concrete frame building & utilized as a family owned successful Bowling Alley w/Escape Rooms. This is an excellent opportunity with various options. Operate as is, re-purpose the building to a commercial use, or re-develop to Commercial/Multi-Family. Information package available.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Na Central Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 1.074 acre(s)0.435 hectare(s)
- Taxes:
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- Building Features:
- Parking, Shopping Nearby, Visual Exposure
- Ceiling Heights:
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- Floor finish:
- Mixed
- Total Building Area:
- 13,296 sq. ft.1,235.239 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Acreage, Central Location, Easy Access, Level, Recreation Nearby, Shopping Nearby
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Date Listed:
- Oct 30, 2023
- Original Price:
- 3400000.0
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Listed by RE/MAX of Nanaimo
Data was last updated September 13, 2024 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $869,000
- Min list price:
- $79,000
- Max list price:
- $6,995,000
- Avg days on market:
- 85
- Min days on market:
- 6
- Max days on market:
- 318
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.
- JOE BRATKOWSKI
- RE/MAX OF NANAIMO
- 1 (250) 714-2181
- joe@joebratkowski.com
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.