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571 Albert St
Na Central Nanaimo
Nanaimo
V9R 2W1
$2,789,999
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 962439
- Photos (6)
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Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity.
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Business, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Central Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 6,623 sq. ft.615 m2
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 6,000 sq. ft.557 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Nanaimo
- Legal Description:
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- Parking Features:
- On Site
- Business Type:
- Accommodation, Other
- Total Units:
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- Date Listed:
- May 01, 2024
- Original Price:
- 2998888.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated November 23, 2024 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 12
- Avg list price:
- $874,900
- Min list price:
- $46,900
- Max list price:
- $6,995,000
- Avg days on market:
- 76
- Min days on market:
- 9
- Max days on market:
- 206
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.
- Ken Welte
- Sutton Group West Coast Realty
- (250) 751 5630
- WelteGroup@gmail.com
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.