OLD CITY - DOWNTOWN LISTINGS

Forgot password Extend Verify Contact

42 Nicol St
Na Old City Nanaimo V9R 5K9

$625,000
Commercial Sale built: 1911

Main Photo: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
Photo 1: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
Photo 2: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
Photo 3: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
Status:
Sold
Sold Date:
Jul 10, 2025
Sold Price:
$625,000
Sold in:
237 days
Prop. Type:
Commercial Sale
MLS® Num:
980900
Year Built:
1911
Centrally located properties on the main thoroughfare into Downtown Nanaimo close to the Port Place Shopping Centre and numerous core amenities including the Nanaimo waterfront, Hullo Ferry, Sea Planes, Gabriola Island Ferry service, restaurants, etc. Property consists of 4 Lots with an 1,830 sq. ft. building over 2 levels on 42 Nicol St. Upper level offers 5 offices with a kitchen area and ocean views while the lower level has 2 offices with a separate entrance. Ample parking available. Commercial Advertising sign on 38A Nicol provides additional revenue. Zoning is DT-12 and allows for a variety of uses including Assembly Hall, Artist Studio, Club or Lodge, Commercial School, Live/Work, Office, Repair shop, Retail, etc. Plus GST.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Year built:
1911 (Age: 114)
Lease Type:
Sale Price
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,613 sq. ft.
Taxes:
$12,614 / 2024
Building Features:
High Traffic Area, Kitchen/Staff Room, Parking, Shopping Nearby
Construction:
Frame Wood, Insulation All, Wood
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Floor finish:
Mixed
Total Building Area:
1,830 sq. ft.
Total Potential Area:
1,830 sq. ft.
Commercial Area:
Downtown
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Electric, Forced Air, Heat Pump
Fireplace:
No
Pending Date:
Jun 12, 2025
Date Sold:
Jul 10, 2025
Sign: Dir Brd, Sign: Pylon
City, Ocean
Main Level
0
Yes
No
Unrestricted
Assessed:
669600.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
Parcel A(DD9405-N) of LT 4 BL AA SEC 1 NAN DIST PL 584, SLY 24 FT OF THE NLY 96 FT 3 IN OF LT 5 BL AA SEC 1 NAN DIST PL 584, Parcel A(DD27129N) OF LTS 5 & 6 BL AA SEC 1 NAN DIST PL 584, LT 5 BL AA SEC 1 NAN DIST PL 584 Except the NLY 96 FT 3 IN - 002-515-318 008-817-481 002-515-199
Zoning:
DT-12
Occupancy:
Owner
Utilities:
Cable Available, Electricity Available, Phone Available
Lot Site Features:
Central Location, Irregular Lot, Marina Nearby, Shopping Nearby, Sidewalk
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
2
Date Listed:
Nov 15, 2024
  • Photo 1: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
    Photo 1 of 3
  • Photo 2: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
    Photo 2 of 3
  • Photo 3: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
    Photo 3 of 3
To access this listing,
please create a free account

Listed by RE/MAX of Nanaimo, sold on July, 2025
Data was last updated July 11, 2025 at 12:05 AM (UTC)
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.