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499 Wallace St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 919016

499 Wallace St Nanaimo V9R 5B7 : Na Old City

Main Photo: 499 Wallace St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 919016banner
$1,175,000
Prop. Type:
Commercial Sale
MLS® Num:
919016
Status:
Sold
Sold Date:
Mar 21, 2023
Year Built:
1912
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!
Price:
$1,175,000
Property Type:
Commercial Sale
MLS® Num:
919016
Status:
Sold
Listed by 460 Realty Inc. (NA), sold on March, 2023
Data was last updated May 24, 2024 at 02:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.