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101 525 Third St
Na University District Nanaimo V9R 1W7

$1,500,000
Commercial Sale built: 2020

Main Photo: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 1: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 2: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 3: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 4: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 5: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 6: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 7: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 8: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 9: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 10: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 11: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Photo 12: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
967993
Year Built:
2020
This 2,600 Sq. Ft. Vanilla Shell unit could be used for either Office or Retail. The Village on Third development consists of commercial / retail and multi-family units. This property is located just 3 city blocks from Vancouver Island University and on major arterial and transit routes. Other Commercial operators in the building include; Pharmacy, physiotherapist, and a locally owned coffee shop. This unit provides good street exposure with large windowed frontage.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building
Year built:
2020 (Age: 4)
Lease Type:
Sale Price
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2,600.018 sq. ft.
Taxes:
$20,078 / 2023
Building Features:
Fire Sprinklers, High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Number of Storeys:
3
Total Building Area:
2,600 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
Assessed:
1126000.0
Assessment year:
2024
Association Fee:
$1,033.49
Association Fee Frequency:
Monthly
Association Fee Year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
Strata Lot 10, Plan EPS5070, Section 1, Nanaimo Land District, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V
Zoning:
COR2
Legal Non-Conformance:
No
Units in Building:
5
Units in Community:
0
Occupancy:
Vacant
Parking Features:
On Site
Total Units:
1
Date Listed:
Jun 20, 2024
Original Price:
1500000.0
  • Photo 1: 101 525 Third St in Nanaimo: Na University District Retail for sale : MLS®# 967993
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Data was last updated July 24, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
112
Avg list price:
$1,024,950
Min list price:
$58,000
Max list price:
$15,388,888
Avg days on market:
86
Min days on market:
2
Max days on market:
716
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
John Hankins