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2227/2229 Wilgress Rd
Na Diver Lake Nanaimo V9S 4N3

$1,990,000
Commercial Sale built: 1978

Main Photo: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
Photo 1: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
Photo 2: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
Photo 3: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
Photo 4: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
957472
Year Built:
1978
Opportunity to purchase an investment property located in the Northfield Industrial area of central Nanaimo. The building contains five units, which are leased to three long-term tenants. All leases are "net". Leases are to be during 2024. The building is solidly constructed and well maintained. The Northfield area is zoned Highway Industrial (I1) allowing a wide range of industrial and commercial uses. This range of light industrial uses are retained through the new ReImagine Nanaimo plan. The property has easy access to major routes throughout Nanaimo including the Island Highway and Trans Canada Hwy via Northfield Road
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building
Year built:
1978 (Age: 46)
Lease Type:
Sale of Assets
Listing General Location:
Na Diver Lake, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
15,227.105 sq. ft.
Taxes:
$34,300 / 2024
Building Features:
Leasehold Improvements, Loading Bay(s), Parking, Transit Nearby
Construction:
Block, Brick & Siding, Concrete
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Number of Storeys:
1
Door Features:
Warehouse Doors: 3
Floor finish:
Concrete, Vinyl
Leasable Area:
8,910 sq. ft.
Commercial Area:
Not Applicable
Subdivisable Area:
No
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Electric, Forced Air, Heat Pump
Fireplace:
No
Lighting, Sign: Allowed
Main Level
0
Yes
No
Unrestricted
Assessed:
1843000.0
Assessment year:
2023
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 1 & LOT 2, PLAN VIP30201, SECTION 18, RANGE 8, MOUNTAIN LAND DISTRICT ROLL #'S 5745100 & 5745102 PID'S: 001-284-533 & 001-284-541
Zoning:
i1
Units in Building:
5
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Natural Gas Available
Lot Site Features:
Central Location, Level, No Through Road, Serviced
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
5
Date Listed:
Mar 26, 2024
Original Price:
1990000.0
  • Photo 1: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
    Photo 1 of 4
  • Photo 2: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
    Photo 2 of 4
  • Photo 3: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
    Photo 3 of 4
  • Photo 4: 2227/2229 Wilgress Rd in Nanaimo: Na Diver Lake Industrial for sale : MLS®# 957472
    Photo 4 of 4
Data was last updated July 24, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,250,000
Min list price:
$329,770
Max list price:
$3,400,000
Avg days on market:
231
Min days on market:
89
Max days on market:
716
These statistics are generated based on the current listing's property type and located in Na Diver Lake. Average values are derived using median calculations.
Randall Taylor