92 3200 Island Hwy

92 3200 Island Hwy · Nanaimo · Business · $400,000 · MLS 1023980

Nanaimo, British Columbia

C$400,000

For sale

92 3200 Island Hwy is located in Nanaimo. Property snapshot: Business, listed at $400,000, MLS 1023980. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 82. Latest recorded list price 400000.00.

List Price: $400,000

MLS: 1023980

Days on Site: 82

Price History: Latest recorded list price 400000.00

Local Decision Guide

How should buyers evaluate 92 3200 Island Hwy?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 92 3200 Island Hwy?

This page shows a list price of $400,000 with MLS 1023980.

What type of home is this Nanaimo listing?

The page shows Business at 92 3200 Island Hwy. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 82 days on market/site. Latest recorded list price 400000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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Photo Tour 1 / 6

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Remarks

Profitable Turnkey Franchise Opportunity – MOD Pizza Nanaimo Rare opportunity to acquire a profitable, fully built-out MOD Pizza franchise in Nanaimo. MOD Pizza is a well-established fast-casual brand with 400+ locations across the U.S. and an expanding presence in Canada, offering a proven operating system and strong brand recognition. This modern restaurant offers 1,919 sq. ft., an 82-seat liquor license, and a like-new build-out with no renovations required. Secure lease in place until November 2032 with monthly basic rent of $5,555.25, plus additional rent. Attractive franchise fee structure with 1% royalty + 1% marketing, enhancing profitability compared to many competing concepts. The business is profitable, with consistent sales and upside through delivery platforms and local marketing initiatives. Share sale preferred; asset sale possible. Franchise transfer fees included within the asking price. For additional details and more information, please request an NDA. Priced sharp for quick sale. (id:56153)