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123 Commercial St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 929005

123 Commercial St Nanaimo V9R 5G5 : Na Old City

Main Photo: 123 Commercial St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 929005
$3,298,000
Prop. Type:
Commercial Sale
MLS® Num:
929005
Status:
Active
Downtown Nanaimo Commercial Building FOR SALE, situated on a large 8325 sqft lot in the heart of Downtown Nanaimo located on the main Street is this Multi Unit Commercial building with 4 units all separately metered with direct access on Commercial St. 3 units are currently leased with Net escalating leases in place while the 4th unit is currently for lease at $15 per sqft. The building offers a total of 9937 sqft of space over 2 levels. The units are street level onto the busy Commercial St with the rear of the property on Skinner Street which offers additional access to the upper-level unit, you will find 3-4 parking spaces at the rear of the building. City Parkade a 2 min walk w/240 stalls. Property is DT1 Zoning which offers many permitted uses including future redevelopment potential. This is a great opportunity to get a foot hold in the Nanaimo Downtown core while being located close to the waterfront & minutes from the Float plane and Heli Jet terminals. Info Package Available.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure8,325.058 sq. ft.
Taxes:
$59,783 / 2022
Building Features:
High Traffic Area, Shopping Nearby, Visual Exposure
Foundation:
Concrete Perimeter
Floor finish:
Mixed
Total Building Area:
Switch units of measure9,937 sq. ft.
Commercial Area:
Downtown
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
3289000.0
Assessment year:
2023
Jurisdiction name:
City of Nanaimo
Legal Description:
LT 1 SEC 1 NANAIMO DIST PL 45166
Zoning:
DT-1
Occupancy:
Tenant
Lot Site Features:
Marina Nearby, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
3
Road Surface Type:
Paved
Total Units:
4
Date Listed:
Apr 14, 2023
Original Price:
3298000.0
Data was last updated June 2, 2023 at 04:05 AM (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.