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.
Address
1223 Smithers Rd
List Price
$1,950,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Parksville/Qualicum
Sub-Area
PQ Errington/Coombs/Hilliers
Lot Size
152460 Sq. Ft.
Lot Size Acres
3.5 Ac.
Year Built
1984
MLS® Number
967814
Listing Brokerage
RE/MAX of Nanaimo
Postal Code
V9P 2C1
Tax Amount
$11,168
Tax Year
2023
Amenities
Acreage, Corner Lot, Easy Access, Irregular Lot, Level, Rural Setting, In Wooded Area
