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531 Kennedy St
Na Old City Nanaimo V9R 2J6

$2,300,000
Commercial Sale

Main Photo: 531 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 971833
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
971833
Attention Investors! Almost NEW 8 plex with great warranty remaining! Located on Kennedy street, which is in the heart of Old City, Nanaimo, BC this beautifully constructed building has a whole lot of Modern while maintaining the heritage building scheme and character. Each unit is fully self contained and private. The upper units have large decks to enjoy while the lower units still have their private outdoor patios and storage. There is a nice large parking lot that is shared in the back of the building or plenty of street parking for guests. The current rents are all at or above market rent with excellent residents occupying the suites. The landscaping is beautifully though out and very easy to maintain. Contact me today to request an information package and a private tour! Gross monthly rental income is $11,294.00. All measurements are approximate.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
9,405 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
3,060 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Units:
Date Listed:
Jul 30, 2024
Original Price:
2300000.0
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Listed by RE/MAX of Nanaimo
Data was last updated December 28, 2024 at 06:05 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$872,500
Min list price:
$23
Max list price:
$4,290,000
Avg days on market:
81
Min days on market:
17
Max days on market:
321
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations.
Sandra Lambert Personal Real Estate Corporation
Ryan Madson
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.