Commercial Properties For Sale Nanaimo Area
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Commercial Properties For Sale Nanaimo Area

$549,900 · Long Term Investment! 117-425 Stanford Ave E| MLS® 986346

  • Square Footage2073
  • MLS Number986346

📢 PRICE REDUCTION! 📢 117-425 Stanford Ave E – TURN-KEY INVESTMENT OPPORTUNITY Now offered at $549,900 | MLS® 986346 Looking for a hassle-free investment with strong returns? This is it! This well-maintained commercial strata unit offers over 2,000 sqft of versatile space, perfect for a variety of business uses. Features include a bright showroom, reception area, five private offices upstairs, staff kitchenette, bathroom, and a warehouse bay with an 8’ overhead door for easy rear access. ✅ Centrally located in a vibrant, well-occupied complex ✅ Rooftop HVAC for year-round comfort ✅ Flexible CS-3 zoning ✅ Excellent long-term tenants already in place ✅ Escalating annual rent increases ✅ Strong 6% CAP rate – your accountant will love it! ✅ Great neighbours like Arrowsmith Brewery, French Press Cafe, and Iron Warehouse Gym ✅ Close to downtown, beaches, and amenities TURN-KEY INVESTMENT – NO VACANCY WORRIES. Opportunities like this don’t last long! 📩 DM me for details or to set up a private tour.

Ad #
41063143
Posted
March 12, 2025
Renewed
August 25, 2025
Expiry
September 24, 2025
Status
SOLD
Details
Commercial Seller
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