615 Townsite Rd, NANAIMO

2026-04-22
 

Quick Summary

Location
615 Townsite Rd, NANAIMO, British Columbia V9S1L4
Price
$3,550,000 CAD
Status:
For Sale
Property Type:
Other
Year of Construction:
1960

MLS®#1032811

Property Description

Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement. (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Commercial Mix

Land

  • Land Size: 1.3 ac

Ownership

  • Type: Freehold

Zoning

  • Description: CC1

Information entered by 460 Commercial Inc.
Listing information last updated on: 2026-05-12 17:23:01


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$500,000

Your One Percent Realty Commission savings

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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. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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