931 Crace St Nanaimo, British Columbia V9R 2T4
$2,700,000
Well-maintained 10-unit rental apartment building at the edge of Nanaimo’s harbour and downtown core. Located at 931 Crace Street, the property offers immediate access to Port Place Mall and the new Hullo foot passenger ferry with 70-minute service to downtown Vancouver. The unit mix includes 7 one-bedroom units, 2 two-bedroom, and 1 three-bedroom. This unique character building is being offered at a strong cap rate although there is still significant upside potential upon tenant turnover. Situated in a growing, gentrifying neighbourhood, this is an excellent opportunity to acquire a solid income property with long-term growth potential. More information available. (id:48643)
Property Details
| MLS® Number | 1012926 |
| Property Type | Multi-family |
| Neigbourhood | Old City |
| Features | Central Location, Other, Marine Oriented |
| View Type | City View, Mountain View, Ocean View |
Building
| Constructed Date | 1928 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Exterior | 9637 Sqft |
| Type | Multi-family |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 12936 |
| Size Total | 12936 Sqft |
| Size Total Text | 12936 Sqft |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28820719/931-crace-st-nanaimo-old-city
Contact Us
Contact us for more information
Lee Robinson
www.leerobinson.ca/
www.facebook.com/www.leerobinsonrealestatevancouverisland
leerobinson70/
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/
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September 05 2025 05:13:48
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)