Property Description
INVESTORS ALERT! Downtown Core Nanaimo, best price for a building in one of Canada's top rated cities. Owner may VTM finance! This high viz building offers strong HWY Exposure and a central position adjacent to city operated covered parkade offering plenty of parking. With about 3,600 sq ft over two levels, each floor offers up both separate entrances & bathrooms for max investors flexibility & owner occupiers. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining spaces. With steady income, long term equity potential, and Nanaimo's continued growth, this DT4 zoned building is attractively priced and represents one of the best value commercial opportunities in the downtown core area. Potential uses include office, retail, medical, restaurant, studio, service, and other commercial applications (subject to city approval) All measurements and permitted uses to be verified by the buyer if deemed important. Easy to show
Property Details
MLS #:
1024752
ID #:
30522343
Type:
Commercial Sale
Sub-Type:
Mixed Use
Area:
Nanaimo
Sub-Area:
Na Old City
Status:
Active
Lot Size:
0.05 acres
Property Tax:
$11,448 (2025)
Days on Market:
208 days
Listing provided by Sutton Group-West Coast Realty (Nan)
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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