We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
347 Wesley St, NANAIMO
2023-11-20
Quick Summary
- Location
- 347 Wesley St, NANAIMO, British Columbia V9R3A7
- Price
- $1,899,998
- Status:
- For Sale
- Property Type:
- Other
- Year of Construction:
- 1912
MLS®#948598
Property Description
Investment Property Opportunity! Purchase this fully leased building showing a great annual return of $102,000.00 with a Cap rate over 5% at the asking price. Now with a newer 5-year lease and options to renew lasting until 2043. The building is situated in Nanaimo’s Vibrant Old City Quarter area and is occupied by one of the city’s most popular award-winning restaurants “Asteras Greek Taverna.†The building was originally built in 1912 and raised and renovated in 1996 with further renovations in 2008 to its current operation. There is a 2-bedroom, 2-bathroom apartment suite on the top floor included which is rented month to month. The building is set back on the lot allowing parking in the front and on the street. The 2-level building is +/- 3405 square feet in size plus a basement storage area. The owner states the roof is newer and is a hands-off operation. “Please do not disturb the tenant and business operation!†Call for further details and information. All measurements and data is approximate and to be verified if important. (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Commercial Mix
Land
- Land Size: 5280 sqft
Ownership
- Type: Freehold
Zoning
- Description: DT2
Information entered by RE/MAX of Nanaimo
Listing information last updated on: 2024-06-20 20:42:56
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Send a Message
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
Learn more about the One Percent Realty Deal
Donna GOODALL REALTOR®
- Phone:
- (250) 802-5130
- Mobile:
- (250) 802-5130
- Email:
- donnagoodall@shaw.ca
- Support Area:
- Nanaimo, Lantzville, Parksville, Qualicum, Ladysmith, Nanoose
SELLING OR BUYING: Award winning Realtor® offering full MLS® services, professional advertising, a ...
Full ProfileJoe Squire REALTOR ® MBA
- Phone:
- (250) 802-5899
- Mobile:
- (604) 626-9259
- Email:
- joe@joesquire.com
- Support Area:
- Nanaimo, Cedar, Lantzville, Ladysmith, Saltair, Nanoose, Old City, North Nanaimo, South Nanaimo, Central Nanaimo, Departure Bay, Hammond Bay, Diver Lake, Extension, Chase River, Pleasant Valley
Professional Nanaimo Real Estate Sales & Marketing: Specializing in Nanaimo and the Central I ...
Full ProfileKarelyn Campbell REALTOR®
- Phone:
- 250-618-8213
- Email:
- mynanaimohome@gmail.com
- Support Area:
- Nanaimo, Ladysmith, Lantzville
Nanaimo Real Estate Specialist!Karelyn is a second generation real estate agent serving the Nanaimo ...
Full Profile