My Listings

c/o CLS CLS Dr
Na Uplands Nanaimo V9T 1X8

$3,199,000
Commercial Sale built: 1962

Professional photos coming soon
Photo 1: c/o CLS CLS Dr in Nanaimo: Na Uplands Multi Family for sale : MLS®# 901448
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
901448
Year Built:
1962
RARE OFFERING - MULTI-FAMILY WATERFRONT - Long Lake walk-on investment opportunity with private dock & potential further development! Rare offering of a beautiful private fully tenanted, city serviced 1.06 acre multi-family building & separate 1200sqft rancher. The property offers 2 onsite coin operated laundry rooms, common area storage, parking for tenants & guests & unobstructed lake views from the 2 story waterfront building. Each unit is fully self contained with private patios or decks, fridge, stove & all tenants share the common area dock, boat/water toy shed, lakeside deck, fire pit, community garden & beachfront. Long Lake offers bass & trout fishing, water skiing, jet skiing, kayaking, paddle boarding, swimming & seaplanes. Shopping, dining & public transportation are within a 5 minute walk.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1962 (Age: 60)
Lease Type:
Sale Of Shares
Listing General Location:
Na Uplands, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.06 acre(s)
Taxes:
$10,816 / 2021
Building Features:
Bike Storage, Laundry Room, Parking, Shopping Nearby, Storage Room, Transit Nearby, Workshop
Construction:
Vinyl Siding
New Construction:
No
Foundation:
Slab
Electricity:
Yes
Number of Storeys:
2
Floor finish:
Mixed
Leasable Area:
7,500 sq. ft.
Commercial Area:
Other
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Equip/Machinery, Fixtures, Parking, Real Estate, Supplies, See Remarks
Balcony, Balcony/Deck, Balcony/Patio, Fencing: Partial, Garden, Lighting, Wheelchair Access, See Remarks
Mountain(s), Lake
Lake Front
Main Level
0
Yes
No
Unrestricted
Financing Notes:
The seller may consider carrying some financing at 5% interest if seller remains on title.
Assessed:
1881000.0
Assessment year:
2022
Gross Income:
93156.0
Net Operating Income:
71688.61
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 4, SECTION 5, WELLINGTON DISTRICT, PLAN 13113 and Lot 4 Plan VIP13113 Section 5 Land District 58 FORESHORE FRONTING ON LONG LAKE - PRIVATE MOORAGE
Zoning:
R1
Legal Non-Conformance:
Yes
Units in Building:
6
Units in Community:
6
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Cable Connected, Compost, Electricity Connected, Garbage, Natural Gas Available, Phone Available, Recycling
Lot Site Features:
Acreage, Adult-Oriented Neighbourhood, Central Location, Dock/Moorage, Easy Access, Foreshore Rights, Landscaped, Marina Nearby, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Walk on Waterfront
Parking Features:
On Site
Total Parking Spaces:
12
Road Frontage Type:
Marine
Road Surface Type:
Paved
Total Units:
6
Date Listed:
Apr 28, 2022
Original Price:
3199000.0
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Virtual Tour

Data was last updated May 20, 2022 at 04:05 AM (UTC)
Area Statistics
Listings on market:
80
Avg list price:
$1,008,000
Min list price:
$88,000
Max list price:
$18,900,000
Avg days on market:
62
Min days on market:
4
Max days on market:
562
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
Sandy Clark Personal Real Estate Corporation
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.