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$ 3,099,000
Est. payment | /mo
1.32 Acres Lot
$ 3,099,000
Est. payment | /mo
1.32 Acres Lot
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Errington/Coombs/Hilliers
MLS® Listing ID 1025489
Lot Size 1.320 Acres
Acres 1.32
Property Sub-Type Freehold
Property Description
ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today's low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There's also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
NEARBY SCHOOLS & PROPERTIES
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