Nanaimo, BC V9R2W1 571 Albert St

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Presented By: Sutton Group-West Coast Realty (Nan)
  • MLS# 1008032
  • 07/21/2025
  • Request Tour
  • Request Info
  • SQFT • 6,000

Home Details

Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity.
Presented By: Sutton Group-West Coast Realty (Nan)

Interior Features for 571 Albert St

Other Interior Features

Basement Y/NNo
FireplaceNo
FlooringCarpet
Total Units10

General for 571 Albert St

Business TypeAccommodation
Commercial AreaDowntown
Commercial Listing TypeBuilding, Business, Land
Construction MaterialsVinyl Siding
HeatingBaseboard
Property SubtypeMulti Family
Property TypeCommercial Sale
SewerSewer Connected
Youngest Age Allowed0

Exterior for 571 Albert St

Building Area Total6000.00
Foundation Poured Concrete, Slab
Lot Size Acres0.15
Lot Size Square Feet6623.00
Parking Onsite YNYes
View YNNo
Water SourceMunicipal
WaterfrontNo

Additional Details

Karrie Brennan

Personal Real Estate Corporation
Price $2,650,000
MLS#1008032
List Date 07/21/2025
Property Type Commercial
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