3117 Van Horne Rd, Hilliers, BC V9K 2L2

$3,099,000

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Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

List Price
$3,099,000
Status
ACTIVE
MLS®
1025489
Property Type
Commercial
Acres
1.32
Lot Size
57,499
District
Hilliers
Neighbourhood
Pq Errington/Coombs/Hilliers

Property Description

ATTENTION INVESTORS! Rare opportunity offering an amazing 6%+ cap rate — a solid return, especially considering today’s low savings interest rates. This versatile property features a large commercial shop, a second shop currently converted into a residential unit (easily converted back if desired), and a total of 12 rental tenants. There’s also potential for additional RV parking income. A hard-to-find investment with strong revenue potential and multiple income streams. All measurements are approximate and should be verified if important.

Additional Information

Parking Type
On Site
Taxes
$9,434
Rentals Allowed
Unrestricted

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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