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Office Listings

123 Commercial St
Na Old City Nanaimo V9R 5G5

$3,298,000
Commercial Sale

Main Photo: 123 Commercial St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 929005
Photo 1: 123 Commercial St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 929005
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
929005
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:
8,325.058 sq. ft.
Building Features:
High Traffic Area, Shopping Nearby, Visual Exposure
Foundation:
Concrete Perimeter
Floor finish:
Mixed
Total Building Area:
9,937 sq. ft.
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
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
Date Listed:
Apr 14, 2023
Original Price:
3298000.0
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Virtual Tour

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Listed by Brent Russell of RE/MAX of Nanaimo and Michael Guan of Sutton Group-West Coast Realty (Nan)
Data was last updated May 30, 2023 at 10:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$982,500
Min list price:
$79,500
Max list price:
$4,980,000
Avg days on market:
76
Min days on market:
1
Max days on market:
468
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.
DEANA BAUMEL PREC
MICHAEL PETERSON PREC
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.