OLD CITY - DOWNTOWN LISTINGS

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42 Nicol St
Na Old City Nanaimo V9R 5K9

$849,999
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:
Active
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
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,613 sq. ft.
Taxes:
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
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,830 sq. ft.
Total Potential Area:
1,830 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Electric, Forced Air, Heat Pump
Fireplace:
No
Pending Date:
Sign: Dir Brd, Sign: Pylon
City, Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
DT-12
Units in Building:
Units in Community:
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:
Date Listed:
Nov 15, 2024
Original Price:
849999.0
  • 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
Listed by RE/MAX of Nanaimo
Data was last updated March 28, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$849,999
Min list price:
$23
Max list price:
$4,750,000
Avg days on market:
108
Min days on market:
1
Max days on market:
338
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.