Business for Sale

Senior's Care Facility

usiness
1298 Nelson Street Nanaimo Vancouver Island and Coast Nanaimo
Healthcare / Social Assistance
$3,600,000.00
 

This 90 bed senior's care facility is fully operational in the Regional Hospital area of Nanaimo. Nanaimo Travellers Lodge Society has obtained land for a new facility and is currently negotiating with funding extension to allow construction to begin. Sale of this facility is required to proceed. The current appraisal on the property is indicated at 4.5 million dollars. New designated Commercial Centre Zoning (CC5- Hospital Urban Centre) provides for health related professional offices & medium to high residential accommodation & other permitted uses. The Facility will ideally lend itself to congregate care, student housing, or hostel/residential type uses.

Medical related uses can take advantage of close proximity to Nanaimo Regional General Hospital. Sellers will lease back premises from Buyer until construction and occupancy of the new facility is complete. Information portfolio is available. Measurements are approximate and should be verified if important.



 
 
 
 
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Community Profile: Nanaimo

Vancouver Island and Coast
Nanaimo

Nestled between the mountains and the ocean Nanaimo is a 20 minute flight from downtown Vancouver or a 1.35 hour ferry ride. Nanaimo boasts both a vibrant business community and exceptional quality of life. Businesses choose to locate in Nanaimo because of the cost efficiencies, connections to markets, complete range of telecommunications services and talented workforce.

Statistics
Total Population 90,504
Median Household Income $61,094 ($CDN)
Closest Commercial Airport Nanaimo Airport (16km)
Closest Ocean Port Nanaimo (3km)
Closest Major Centre Vancouver (84km)
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