Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement. (id:44056)

Property Details

Full Address:
615 Townsite Rd, Nanaimo, British Columbia
Price:
$ 3,550,000
MLS Number:
1032811
List Date:
April 21st, 2026
Neighbourhood:
Central Nanaimo
Building Size:
15110 sq.ft.
Lot Size:
1.3 ac
Year Built:
1960
Taxes:
$ 70,588

Interior Features

Building Features

Building Size:
15110 sq.ft.
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$ 70,588

Floors

Land

Lot Size:
1.3 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: John Hankins
460 Commercial Inc.

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