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101 525 Third St
Na University District Nanaimo V9R 1W7

$25 /sqft
Commercial Lease built: 2020

Main Photo: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 1: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 2: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 3: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 4: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 5: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 6: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 7: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 8: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 9: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 10: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Photo 11: 101 525 Third St in Nanaimo: Na University District Retail for lease : MLS®# 970313
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
970313
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. The property is also listed for sale on MLS number 967993.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Year built:
2020 (Age: 4)
Lease Type:
Absolute Net
Additional Rent Per SqFt:
13.1
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2,614 sq. ft.
Building Features:
Fire Sprinklers, High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Number of Storeys:
3
Total Building Area:
2,613.6 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
Financing Notes:
2.25% of aggregate base rent for first 5 years of the lease and 1% for years six to ten.
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:
4
Units in Community:
4
Occupancy:
Vacant
Parking Features:
On Site
Total Units:
1
Date Listed:
Jul 16, 2024
Original Price:
25.0
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Data was last updated December 7, 2024 at 08:05 PM (UTC)
John Hankins