Address
950 Terminal Ave NORTH Nanaimo, BC
Price
$ 1,098,000
Property Attributes
  • ID#866184
  • TypeCommercial
  • CityNanaimo
  • AreaNanaimo - City of
  • NeighbourhoodNanaimo
  • Postal CodeV9S 4K4
  • Style
  • Taxes$ 7106
  • Price$ 1,098,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3238
  • Lot Size7,086 SqFt
Listing Provided Courtesy Of:
Brent Russell with RE/MAX Of Nanaimo
Data Source:
RLP - CREA EN
Property Description

Excellent opportunity to own this family owned & operated 9-unit Motel plus 2-bed owners suite in Nanaimo on Vancouver Island of BC. This package is being offered as a 100% share sale plus building & land. Great small business investment with good cashflow & potential for increased income growth. Excellent highway exposure, located in central Nanaimo with easy access to downtown Nanaimo, the ferry & seaplane terminals. Just a short walk to restaurants, groceries, banks, liquor & other shopping amenities. There is a variety of rooms for guests over 2 levels incl 5 deluxe rooms with 2 beds, 3 king size kitchenette studios all which have sliding glass doors to a deck and rear yard, 1 family suite which incl separate bedroom w/balcony, bed, couch & kitchen, & all rooms offer a 4 piece bath. In addition, on site is a 2-bed manager's suite with outdoor patio area, storage room & laundry room. Recent updates include LED TV's in all rooms & lighting in deluxe rooms.

Exterior Features

Lot Frontage 7086
Lot Size 7086
Jumpid 14239568

Amenities

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

Property vs Commercial Average in V9S 4K4

Price
AVG $1.1M
$1.1M
Taxes
AVG $7,106
$7,106
Visits
AVG 422
421
Walkscore
AVG 57
57
Data Provided by Walkscore ® not using MLS data