Commercial property for sale

486 Franklyn St, Nanaimo

$1,049,000 or
Contact the REALTOR®
Commercial property for sale in Nanaimo, Old City, 486 Franklyn St, 962606 | Realtylink.org
Commercial property for sale in Nanaimo, Old City, 486 Franklyn St, 962606 | Realtylink.org Commercial property for sale in Nanaimo, Old City, 486 Franklyn St, 962606 | Realtylink.org Commercial property for sale in Nanaimo, Old City, 486 Franklyn St, 962606 | Realtylink.org Commercial property for sale in Nanaimo, Old City, 486 Franklyn St, 962606 | Realtylink.org
$1,049,000 or

Commercial property for sale

486 Franklyn St, Nanaimo

Features

Lifestyle
962606 1049000 /en/commercial-property~for-sale~nanaimo/962606?view=Summary /en/commercial-property~for-sale~nanaimo/962606/photos 49.1634600000 -123.9410900000 true
Floor Area
4,965 sqft
Lot Size
7,636 sqft
Gross Property Tax
$19,892 /year
Zoning
DT2
Additional Features
Corner, Easy Access, Serviced, Shopping Nearby, Sidewalk, Square Lot
95

Description

Excellent Investment opportunity to own a fully leased property located just blocks from Nanaimo Downtown center. The land area is 7,636 sq ft, zoned Downtown (DT2) and is situated on a corner lot with brand new sidewalks surrounding the buildings. Building 1 (486 Franklyn St) consists of 4 units (A,B,C & D) for a total of 3,865 sq ft and Building 2 (390 Selby St) is 1,100 Sq. Ft. There are a total of 3 tenancies with 1 Tenant occupying Units A & B & 390 Selby Street for a total of 3,415 Sq. Ft. Unit C is 650 sq. Ft. and Unit D is 900 Sq. Ft. There is onsite and street parking available. Leases are triple net leases. These smaller complexes rarely come available. Call or email for a full detailed package.
MLS® Number 962606

Listing REALTOR®

Brent Russell, REALTOR<sup>®</sup>

Brent Russell

REALTOR®
250-739-3633

RE/MAX of Nanaimo

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
1,049,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 32554
Back top