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| Agent Portfolio |
Sutton Group-West Coast Realty - Raj Banga |
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| Tel: 250-756-2112 Fax: 250-756-9144 Web: www.rajbanga.com |
690 Albert Street, Nanaimo, Vancouver Island & Other BC Islands |
$389,000 CAD |
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5 Bedrooms |  |
5 Bathrooms |
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| Property Details |
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INCOME PRODUCER --Corner store with lots of potential for investment,development etc. Excellent opportunity, monthly income generated from 4 suites plus a commercial space approximately 1500 sq ft currently operated as a convenience store/ grocery store.Gross monthly revenue estimated over $3,300. Excellent location on corner lot with great Ocean and Downtown views from the top floor. Three 1 bedrooms suites and one 2 bedroom suite. It was zoned C-1 but currently Zoned RM-9 and has a grand fathered clause to keep store as running grocery store. Very busy corner, good income from suites and lots of potential income from the store.Be your own boss.Close in to downtown Nanaimo.Suites rental poll is $475+$625+$650+$750= $2500 plus $800 month approximately for the commercial space.
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