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1340 Stewart Ave, , Nanaimo Real Estate, Homes for Sale

 homes for sale - 1340 Stewart Ave, Nanaimo | Richard Luan, Nanaimo REALTOR ®

Rare and fabulous opportunity for investment !! 27 slip marina (could be expanded to 76 slips) on beautiful Newcastle Channel, Restaurants was on land of 1340 & 1350 which are currently not in operation. Operating income from marina exceeds $50,000/year, includes small cappuccino/juice bar on the water plus kayak rentals. 1360 &1370 have been under a 2 year fixed lease agreement for shell fish processing at a rent of $84,000 per annum. waterfront lease & titled lands of approximately 1.5 acre allows for expansion. Land could be converted to restaurant or bar, or hotel. Lots of parking.

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$5,998,000

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  • MLS® #:424120
  • Bedrooms: 0
  • Bathrooms: 0
  • Property Brokerage
    Sutton Grp-west Coast (vancam)

Building

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Contact REALTOR® Bob Bayliss
RE/MAX of Nanaimo
#1-5140 Metral Drive
Nanaimo, B.C.
Vancouver Island
British Columbia
"Each office independently owned & operated"
250-751-1223
or Bob Bayliss REALTOR®

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Nanaimo REALTOR® Bob Bayliss, RE/MAX of Nanaimo, #1-5140 Metral Drive Nanaimo B.C. Canada 250-751-1223, "Each office independently owned & operated"

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