Multi Residential and Commercial Investment Opportunity with excess land! Strategically located on the busy Alberni Hwy which offers excellent exposure, zoned Commercial 3. The site offers 3.5 acres of level land which fronts 3 roads. Improved with a renovated 7,500 sq. ft. quality building with many updates throughout that include roof and vinyl windows. The main level is a recently renovated commercial space with a solid long-term lease in place with newer furnace, heat pump and HWT. On the upper 2 levels are the 4 residential apartments which are very spacious and well finished. Offering 2 bedrooms and 2 bathrooms each, they are equipped with their own hydro meters, own laundry, own HWT, buzzer system, storage, and plenty of parking. The site is serviced by a Well and Septic system. Plenty of parking on the large, paved area which encompasses the building. Excess land is partially grassed and treed with high visibility, great for your business! This is a solid investment. Information package available. (id:32872)
MLS® Number | 967814 |
Property Type | Other |
Neigbourhood | Errington/Coombs/Hilliers |
Features | Acreage, Level Lot, Wooded Area, Corner Site, Irregular Lot Size, Other |
Constructed Date | 1984 |
Size Exterior | 7500 Sqft |
Type | Commercial Mix |
Access Type | Road Access |
Acreage | Yes |
Size Irregular | 3.5 |
Size Total | 3.5 Ac |
Size Total Text | 3.5 Ac |
Zoning Description | C-3.16 |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27058202/1223-smithers-rd-coombs-erringtoncoombshilliers
Contact us for more information
Brent Russell
Personal Real Estate Corporation
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxofnanaimo.com/