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.707 m2
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.170 m2
Total Potential Area:
1,830 sq. ft.170 m2
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