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 $4905 per month (4146) and $500 per month (4156), for a total monthly revenue of $5405. 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. (id:4069)
Address
4146/4156 Departure Bay Rd
List Price
$1,650,000
Property Type
Other
Type of Dwelling
Commercial Mix
Area
British Columbia
Sub-Area
Nanaimo
Lot Size
16991 Sq. Ft.
MLS® Number
980894
Listing Brokerage
460 Realty Inc. (NA)
Postal Code
V9T4B7
Features
Central location, Level lot, Southern exposure, Other, Rectangular
