Courtesy of RE/MAX of Nanaimo
Investment and Development opportunity in Nanaimo on Vancouver Island. Situated behind a large-scale indoor-outdoor mall located on a side road from the main thoroughfare is this 8400 sq ft flat lot with an approx. 1,300 sq ft standalone commercial building built in 1997, currently being leased to a restaurant which allows for 30 seats. The building itself underwent many upgrades in 2018 including all new kitchen equipment which is owned by the seller. Zoning is Corridor 3 which allows many uses including a Multi Family development which would allow a 4-6 story building. This is a great development site in a very strategic location close to bus routes and within an area of a variety of residential homes, complexes, retail shopping, Dr’s offices, schools, parks & trails all nearby. Collect the revenue from the Tenant while you plan your development. Information package available.
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