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499 Wallace St

Nanaimo, BC V9R 5B7
  • $1,175,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 919016
UPDATED: 50 min ago
$1,175,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Built:
1912
Area:

School Ratings & Info

School District:

Description

The Merchant's Bank of Canada building is a two-story, Free Renaissance styled Heritage building located on a prominent corner in downtown Nanaimo. The architect for the BC Legislature and Empress Hotel in Victoria designed this landmark. The building was completely renovated 2004-2006, and in 2022 installed a completely new roof and all new HVAC system. It has the main floor with high ceilings and the Vault Coffee/Bar the popular local favourite reside here. Upstairs has 7 rooms, two bathrooms and kitchen/staff room area with 5 large windows and 5 skylights. Upstairs is ideal for medical/ dental /lawyer office or any one company to use the space if owner operator looking to land a prime downtown location in the Nanaimo's Old City. Steps to city hall, the conference centre, float plans, helijet are all minutes walk away from this landmark location. With the heritage status of the building there are cost sharing programs with the city of Nanaimo to take advantage of. Don't miss out!

Monthly Payment Calculator

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: 2022-12-09T16:22:07.173.
www.westcoastrealtor.com/homes/134821017
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499 Wallace St Nanaimo, BC V9R 5B7

  • Price: $1,175,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 50 min ago
  • MLS #: 919016
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1912
Built
Neighbourhood:
Na Old City
Area:
Nanaimo
School District:
Nanaimo, City Of
Property Description
The Merchant's Bank of Canada building is a two-story, Free Renaissance styled Heritage building located on a prominent corner in downtown Nanaimo. The architect for the BC Legislature and Empress Hotel in Victoria designed this landmark. The building was completely renovated 2004-2006, and in 2022 installed a completely new roof and all new HVAC system. It has the main floor with high ceilings and the Vault Coffee/Bar the popular local favourite reside here. Upstairs has 7 rooms, two bathrooms and kitchen/staff room area with 5 large windows and 5 skylights. Upstairs is ideal for medical/ dental /lawyer office or any one company to use the space if owner operator looking to land a prime downtown location in the Nanaimo's Old City. Steps to city hall, the conference centre, float plans, helijet are all minutes walk away from this landmark location. With the heritage status of the building there are cost sharing programs with the city of Nanaimo to take advantage of. Don't miss out!
Exterior Features

Construction Materials BrickStucco Entry Location Main Level Exterior Features Display Window Lot Features Central LocationCorner LotCurb & GutterServicedShopping NearbySidewalk Parking Total 0 Road Frontage Type Street Road Surface Type Paved View CityOcean View YN Yes Waterfront YN No

Interior Features

Cooling Hvac Cooling YN Yes Fireplace YN No Flooring Mixed Heating Heat PumpNatural Gas Heating YN Yes

Property Features

Building Features High Traffic AreaShopping NearbyTransit NearbyVisual Exposure Existing Lease Type Sale Price Ownership Freehold Property Sub Type Mixed Use Rental Allowed Unrestricted Sewer Sewer Connected Tax Annual Amount 7749 Tax Jurisdiction City Of Nanaimo Tax Year 2020 Utilities Natural Gas Connected Youngest Age Allowed 0 Zoning Dt-7

VIVA (Vancouver Island & Victoria REBs) logo Listing provided courtesy of 460 Realty Inc. (Na) 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: 2022-12-09T16:22:07.173.
 
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Martin Velsen Real Estate Team | RE/MAX of Nanaimo
1-5140 Metral Drive
Nanaimo BC, V9T 4C8