- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 976996
- Year Built:
- 1908
- Photos (16)
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This two-storey fully leased investment property is located in downtown Nanaimo on the corner of Commercial Street and Bastian Street. The building consists of two ground floor units and a second floor unit.
The ground floor units are leased to a well established clothing store and a restaurant provider. The second floor is occupied by a long term tenant that provides graphics screen printing and embroidery.
The total leasable space is 6,034 Sq. Ft. Unit A; 1,717 Sq. Ft., Unit B; 1,248 Sq. Ft., and the second floor Unit being 3,069 Sq. Ft.
This property will be further enhanced by the City of Nanaimo improvements that are currently in progress along Commercial Street, details can be found on the City of Nanaimo website.
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building
- Year built:
- 1908 (Age: 116)
- Lease Type:
- Sale Price
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Taxes:
- $23,449 / 2023
- Number of Storeys:
- 2
- Total Building Area:
- 6,034 sq. ft.
- Leasable Area:
- 6,034 sq. ft.
- Commercial Area:
- Downtown
- Subdivisable Area:
- Yes
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1366000.0
- Assessment year:
- 2024
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Lot 8, Block 57, Section 1, Nanaimo District, Plan 584, except parcel "A" (DD 5055N) thereof
- Zoning:
- DT1
- Legal Non-Conformance:
- No
- Units in Building:
- 3
- Occupancy:
- Tenant
- Total Units:
- 1
- Date Listed:
- Sep 24, 2024
- Original Price:
- 1199000.0
-
Street View of Unit A -
Street view of Unit A (North to South)
-
Unit A - View from street corner entrance
-
Unit A main floor - view from main entrance
-
Unit A view from back of store to front window
-
Unit A view from front of store
-
Street View of Unit B
-
Unit B Customer Counter
-
Unit B - Customer Counter and seating area
-
Unit B - Kitchen area
-
Unit B - Window seating
-
2nd Floor
-
2nd Floor office area
-
2nd floor admin office
-
2nd Floor Unit
-
Photo 16 of 16
Data was last updated October 14, 2024 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 32
- Avg list price:
- $949,450
- Min list price:
- $23
- Max list price:
- $4,880,000
- Avg days on market:
- 96
- Min days on market:
- 12
- Max days on market:
- 495
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- John Hankins
- NAI Commercial Central Vancouver Island Ltd.
- 250-713-9830
- Contact by Email