Court Ordered Sale
· Land is 11,366 square feet and it is fully fenced.
· The building is 7,200 square feet constructed as a two-level, industrial warehouse.
· Zoned CC-1 (Commercial), The area has specific-zoned commercial and industrial properties in an older residential neighbourhood.
The area is primarily an older residential neighbourhood in the south end of Nanaimo, B.C. The area has specific-zoned commercial and industrial properties intermixed throughout including the Coastland plywood veneer mill one block south along the waterfront . Two blocks west, along the Trans Canada Highway, properties are in transition from older single family residential to multi-family and commercial uses. The Nanaimo downtown core is located one km north of the property.
The land is 11,366 square feet in area with frontage on both Haliburton Street and Woodhouse Street. The property is fully-fenced. There is access to highway 19A linking to the Trans Canada Highway. There is limited exposure and visibility of the property to the surrounding area or to traffic.
The building is constructed as a two-level, industrial warehouse building. There is grade-level entry to the lower floor and low-dock access to the upper floor. The building provides 7,200 square feet of area on two levels (3,600 square feet on both upper and lower floor). This is demised as four separate 1,800 square feet units, which are individually metered. The building is reinforced concrete block construction. 3-phase power was upgraded in 2005.
The property is fully fenced with new low-dock loading area on one side.
The building was constructed in 1977 with an estimated remaining economic age of twenty-five years.
Zoning is Local Service Centre (CC1).