160930 ES 4401 Boban.pub

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FOR SALE Light Industrial Development Land With Holding Income

4401 Boban Drive Nanaimo, Vancouver Island, BC 2.28 acres (99,455 sq ft) The Opportunity DESCRIPTION: Level, serviced light-industrial development land. The property includes a storage business with national-brand vehicle rental agency. This property will suit a light industrial development project or expansion of the current use to maximize revenue. Current annual net income is approximately $80,000.00. LOCATION: Located in central Nanaimo in an area of industrial and commercial businesses. Boban Drive has easy access to the Parkway and to the Island Highway. The immediate surrounding neighbourhood is comprised of businesses including home renovation businesses, DIY retailers, and warehousing.

For More Information:

Randall Taylor Vice President 250 714 4248 (Mobile) 250 753 5757 x34 (Direct) [email protected]

201 - 155 Skinner St, Nanaimo, BC, V9R 5E8 Tel +1 250 753 5757 naivanisle.ca

FOR SALE Light Industrial Development Land With Holding Income Legal description:

Lot 1, Plan VIP 60136, Section 5, Land District 58

PID:

019-039-760

Property Tax (2016): $23,416.56 I-2 Light Industrial

Zone:

This zone provides for uses which are industrial in nature but do not result in excessive noise, waste or noxious fumes. Notwithstanding the zoning bylaw, there is a Land Use Contract which defines the permitted uses as: Warehousing and storage facilities, service industry office and retails sales ancillary to the principal uses,

Drive Time

5 min

10 min

15 min

Popula"on

11,189

55,842

87,057

Households

4,851

23,828

37,673

Distance

0-3 km

3-5 km

5-10 km

Popula"on

20,101

26,770

41,031

Households

8,520

10,877

18,669

* 2014 Sta"s"cs Canada/Environics Analy"cs

Offered for Sale at $2,488,000.00 (Two Million, Four Hundred and Eighty-Eight Thousand Dollars) Comprehensive informaon package available for qualified buyers 201 - 155 Skinner St, Nanaimo, BC, V9R 5E8 Tel +1 250 753 5757 naivanisle.ca NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.