233 Fraser St, Nanaimo
Property Details
An exceptional opportunity awaits an owner-occupier or investor with this prime property located in Nanaimo's bustling business core. Boasting a functional ground level that is currently utilized as a Volvo auto repair center, the property's upstairs area has great potential for redevelopment into a work-live space, office space, or an alternative use to maximize the income potential under the current zoning. Furthermore, a purchase option for the operating business (Volvo service and repair) is available for an additional $100,000 (as an Asset Sale that includes existing inventory), with terms negotiable with the seller. As the neighborhood is optimal for redevelopment, sophisticated investors can anticipate future upside potential. The current owner will provide vacant possession. All sizes approximated and subject to verification by the prospective buyer. (id:1945)
Property Information
- View: City view
- Zoning: Unknown
- Cooling: None
- Heating: Electric, Natural gas
- Year Built: 1956
- Lot Features: Central location, Cul-de-sac, Level lot, Partially cleared, Other
- Photos Count: 16
- Lot Size Units: square feet
- Parcel Number: 002-331-519
- Structure Type: Commercial Mix
- Common Interest: Freehold
- Tax Annual Amount: 9274
- Building Area Total: 4475
- Lot Size Dimensions: 4356
- Zoning Description: DT3
Nearby Places
| Name |
Type |
Address |
Distance |
| Mrs Riches Restaurant |
Restaurant |
199 Fraser St |
0.1 km |
| Asteras |
Restaurant |
347 Wesley St |
0.2 km |
| Bistro Taiyo Japanese Restaurant |
Restaurant |
321 Wesley St |
0.2 km |
| Modern Cafe |
Restaurant |
221 Commercial St |
0.2 km |
| Tina's Diner |
Restaurant |
187 Commercial St |
0.2 km |
| The Keg Steakhouse & Bar - Nanaimo |
Restaurant |
350 Robson St |
0.2 km |
| Oxy Pub & Liquor Store |
Night club |
432 Fitzwilliam St |
0.3 km |
| Gina's Mexican Cafe |
Night club |
47 Skinner St |
0.3 km |
| Mon Petit Choux |
Restaurant |
101 Commercial St |
0.3 km |
| Christian Science Society (Nanaimo) |
It was built between 1900 and 1910 as a single-fam... |
|
0.3 km |
| Vancouver Island Regional Library |
It serves more than 430,000 people on Vancouver Is... |
|
0.3 km |
| Nanaimo Museum |
Museum |
100 Museum Way |
0.3 km |
Similar Commercial listings Stat in Nanaimo
We have found 6 Commercial that closely match the specifications of the property located at 233 Fraser St with distances ranging from 2 to 8 kilometers away. The prices for these similar properties vary between 769,000 and 1,212,250, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the V9R5C2 postal code area of Nanaimo British Columbia Canada.
Demographic
Information
Neighbourhood Education
|
Master's degree
|
15
|
|
Bachelor's degree
|
40
|
|
University / Above bachelor level
|
10
|
|
University / Below bachelor level
|
35
|
|
Certificate of Qualification
|
20
|
|
College
|
65
|
|
University degree at bachelor level or above
|
65
|
Neighbourhood Marital Status Stat
|
Married
|
115
|
|
Widowed
|
45
|
|
Divorced
|
120
|
|
Separated
|
25
|
|
Never married
|
310
|
|
Living common law
|
70
|
|
Married or living common law
|
190
|
|
Not married and not living common law
|
495
|
Neighbourhood Construction Date
|
1961 to 1980
|
150
|
|
1981 to 1990
|
25
|
|
1991 to 2000
|
120
|
|
2001 to 2005
|
25
|
|
2006 to 2010
|
55
|
|
1960 or before
|
110
|
