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My Office Listings

438 Wakesiah Ave
Na University District NANAIMO V9R 3K8

$4,900,000
Commercial Sale built: 2012

Main Photo: 438 Wakesiah Ave in NANAIMO: Na University District Multi Family for sale (Nanaimo)  : MLS®# 838895
Photo 1: 438 Wakesiah Ave in NANAIMO: Na University District Multi Family for sale (Nanaimo)  : MLS®# 838895
Photo 2: 438 Wakesiah Ave in NANAIMO: Na University District Multi Family for sale (Nanaimo)  : MLS®# 838895
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Photo 5: 438 Wakesiah Ave in NANAIMO: Na University District Multi Family for sale (Nanaimo)  : MLS®# 838895
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Photo 52: 438 Wakesiah Ave in NANAIMO: Na University District Multi Family for sale (Nanaimo)  : MLS®# 838895
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
838895
Year Built:
2012
Investor Alert! Award winning building in Nanaimo with consistent occupancy directly across from the Nanaimo Vancouver Island University. This is a safe profitable investment perfect located directly across the street from the University, a perfect investment for passive income or buyer who wishes to be involved in the ongoing management. Plenty of room for expansion for more cash flow, with 25 high end units consisting of 13 single bed and 12 double bed rooms. Perfect for investors looking for employment and an investment at the same time. This 3 floor building is sure to impress with its 5 star quality construction & low maintenance for years to come with features such as granite counter tops throughout, quartz tile foyer, modern paint scheme, low-E windows, high efficiency multiple zoned hot water heating system, pressurized building, student parking lot with lane access, separate bicycle storage room, on site laundry, new security cameras plus more!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
2012 (Age: 8)
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Details:
100 x 130
Building Features:
Kitchen/Staff Room, Security System, See Remarks, Shopping Nearby, Transit Nearby, Visual Exposure
Total Building Area:
14,273 sq. ft.
Leasable Area:
12,917 sq. ft.
Sewer:
Sewer To Lot
Balcony/Deck, Fenced
Zoning:
COR
Accessibility:
Wheelchair Friendly
Occupancy:
Tenant
Utilities:
Cable Connected
Lot Site Features:
Level
Total Parking Spaces:
0
Business Name:
GREAT WEST STUDENT RESIDENCE
Date Listed:
May 07, 2020
Original Price:
4900000.0
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Larger map options:
Listed by JIM JOHNSON of Sutton Group-West Coast Realty (Nan)
Data was last updated August 7, 2020 at 03:10 AM (UTC)
Area Statistics
Listings on market:
62
Avg list price:
$824,450
Min list price:
$88,000
Max list price:
$12,750,000
Avg days on market:
113
Min days on market:
2
Max days on market:
676
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
Ken Welte