Nanaimo Light Industrial/Service Commercial Investment Opportunity

4300 Wellington Road, Nanaimo, BC V9T 2H3
30,044 SF   |   Sold

Description

Address

4300 Wellington Road, Nanaimo, BC V9T 2H3

Opportunity

To acquire 4 strata units (101, 102, 301, 309) that are 100% occupied by strong tenants at Wellington Centre in Central Nanaimo. Secure in-place income with considerable future upside by way of renewing tenancies and the option of selling individual units in the future.

Location

4300 Wellington Road is located in Central Nanaimo overlooking Long Lake, in an area of established service commercial and residential development, just north of the Island Highway North & Jingle Pot Road intersection. The property is close to all amenities and 10 minutes (+/- 6 km) north of the BC Ferry Terminal at Departure Bay and downtown float plane terminals.

Property Details

Property Status Sold
Property Type Industrial, Investment, Land
Property Size 30,044 SF
Price Sold
Zoning COR3, Community Corridor
Assessment & Taxes $101,088 (2023)