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Exclusive offer by Aedis Realty Limited (Nanaimo)

Moe Lessan*, CCIM               Cell/Text: 250 210 7171            Office: 250 797 7770            Email: [email protected]

*Personal Real Estate Corporation

Mixed use investment opportunity

All the general information is provided here. 

In order to provide additional confidential information, please complete the applicable form below and email it to [email protected]. Upon review and approval of the Seller, a Confidential Information Memorandum (CIM) shall be sent to you.

FINANCIALS

Annual Revenue (Actual)

Commercial $45,600

Residential   $26,580

Total Annual Revenue $72,180

 

Operating Expenses

Property Tax    $10,785 (2017)

Water                  $1,100

Insurance          $4,699

Landscaping    $800

Septic                  $500 (estimated)

Total Operating Expenses $17,884

PROPERTY

Civic address: 8377 Chemainus Road, Chemainus, British Columbia V0R 1K5

Legal: Lot A, Section 6, Range 8, Chemainus District (LD 08) Plan VIP42092

PID: 001-160-711

Zoning: C2 – Commercial General

Land: 1.58 acre (approx. 68,825 square feet / 6,394 square meter)

Property tax: $10,784.65 (2017)

Total buildings: 8,697 sq. ft.

          Main floor (Commercial): 3,456 sq. ft.

          Second floor (Residential): 3,456 sq. ft.

          Workshop: 825 sq. ft.

          Free standing commercial building: 960 sq. ft.

Foundations: The foundation is reinforced, poured-concrete footings and foundation walls for all buildings.

Floor Structure: The main floor is a reinforced, poured concrete slab while the upper floor is wood joists with plywood deck.

Floor Cover: Approximately half of the main floor has commercial-grade linoleum tiles while the balance is concrete slab. The upper floor residences are finished with wall-to-wall carpeting, sheet vinyl and linoleum tiles.

LOCATION

The property is located at the Junction of Chemainus and Crofton Roads, providing good visibility to oncoming. The Crofton pulp and paper mill and the built-up residential area of Crofton are located approximately 4 km southwest of the subject property.


Chemainus is an unincorporated community within the jurisdiction of the Municipality of North Cowichan, located at the north end of the Cowichan Valley on the east coast of Vancouver Island, approximately 13 km north of Duncan and 37 km south of Nanaimo.

DOCUMENTS

Property data

Location data

Bylaws, Regulations, etc.

Photos, Maps, etc.