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123 Commercial St

Nanaimo, BC V9R 5G5
  • $3,298,000
  • STATUS: Active
  • ON SITE: 163 Days
  • MLS #: 929005
UPDATED: 7 min ago
$3,298,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Area:

School Ratings & Info

School District:

Description

Downtown Nanaimo Commercial Building FOR SALE, situated on a large 8325 sqft lot in the heart of Downtown Nanaimo located on the main Street is this Multi Unit Commercial building with 4 units all separately metered with direct access on Commercial St. 3 units are currently leased with Net escalating leases in place while the 4th unit is currently for lease at $15 per sqft. The building offers a total of 9937 sqft of space over 2 levels. The units are street level onto the busy Commercial St with the rear of the property on Skinner Street which offers additional access to the upper-level unit, you will find 3-4 parking spaces at the rear of the building. City Parkade a 2 min walk w/240 stalls. Property is DT1 Zoning which offers many permitted uses including future redevelopment potential. This is a great opportunity to get a foot hold in the Nanaimo Downtown core while being located close to the waterfront & minutes from the Float plane and Heli Jet terminals. Info Package Available.

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http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-09-25T16:22:18.017.
www.westcoastrealtor.com/homes/138587458
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123 Commercial St Nanaimo, BC V9R 5G5

  • Price: $3,298,000
  • Status: Active
  • On Site: 163 Days
  • Updated: 7 min ago
  • MLS #: 929005
0
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighbourhood:
Na Old City
Area:
Nanaimo
School District:
Nanaimo, City Of
Property Description
Downtown Nanaimo Commercial Building FOR SALE, situated on a large 8325 sqft lot in the heart of Downtown Nanaimo located on the main Street is this Multi Unit Commercial building with 4 units all separately metered with direct access on Commercial St. 3 units are currently leased with Net escalating leases in place while the 4th unit is currently for lease at $15 per sqft. The building offers a total of 9937 sqft of space over 2 levels. The units are street level onto the busy Commercial St with the rear of the property on Skinner Street which offers additional access to the upper-level unit, you will find 3-4 parking spaces at the rear of the building. City Parkade a 2 min walk w/240 stalls. Property is DT1 Zoning which offers many permitted uses including future redevelopment potential. This is a great opportunity to get a foot hold in the Nanaimo Downtown core while being located close to the waterfront & minutes from the Float plane and Heli Jet terminals. Info Package Available.
Exterior Features

Entry Location Main Level Lot Features Marina NearbyShopping NearbySidewalk Parking Features On Site Parking Total 3 Road Surface Type Paved View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring Mixed Foundation Details Concrete Perimeter Heating YN No

Property Features

Building Features High Traffic AreaShopping NearbyVisual Exposure Existing Lease Type Sale Price Ownership Freehold Property Sub Type Mixed Use Rental Allowed Unrestricted Sewer Sewer Connected Tax Annual Amount 59783 Tax Jurisdiction City Of Nanaimo Tax Year 2022 Water Source Municipal Youngest Age Allowed 0 Zoning Dt-1

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of Re/Max Of Nanaimo and [CO-OFFICENAME].

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
http://www.vreb.org/vreb/VREBReciprocityProgram.html

VIVA (Vancouver Island & Victoria REBs) logo MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Martin Velsen Real Estate Team | RE/MAX of Nanaimo. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-09-25T16:22:18.017.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8