Cash Flow investment property--Development holding property in Nanaimo, British Columbia for sale

# Bath
1
# Bed
3
Excellent development holding property. Sitting on one of the busiest 4 way stop corners in Nanaimo's University District across from the University Village Mall on one corner and a new commercial expansion of the mall on the other sits a 2600 sqft home 3 bed 1 bath generating $1400/month. You can hold for future commercial use assembling land and or you could potentially build a detached duplex on the property as it is on the corner with a lane sitting in the corridor designation. Blocks to VIU make this an attractive key holding piece for future mixed use development. Unbeatable exposure for a home based business in the center of all the action in one of Nanaimo's hottest locations. New paint inside and out, new roof, new natural gas furnace, updated bathroom and kitchen. Look at the brochure for the new commercial development, the subject property is to the right of the proposed Building B across Bruce Ave in the below marketing brochure. http://formretail.ca/601bruceavenue.pdf Inquire to secure property today!
-Curb & gutter, Southern exposure
-Recreation, Shopping
-Mountain view
-Easy access
Call Jim Johnson & Jay Deleskie
Coldwell Banker Slegg Realty