$1,199,000

Commercial For Sale In City Center/Protection Island, Nanaimo, British Columbia

$1,199,000

Property Information:

This two-storey fully leased investment property is located in downtown Nanaimo on the corner of Commercial Street and Bastian Street. The building consists of two ground floor units and a second floor unit. The ground floor units are leased to a well established clothing store and a restaurant provider. The second floor is occupied by a long term tenant that provides graphics screen printing and embroidery. The total leasable space is 6,034 Sq. Ft. Unit A; 1,717 Sq. Ft., Unit B; 1,248 Sq. Ft., and the second floor Unit being 3,069 Sq. Ft. This property will be further enhanced by the City of Nanaimo improvements that are currently in progress along Commercial Street, details can be found on the City of Nanaimo website.

Property Features:

  • Annual Tax Amount: $23,449
  • Built in: 1908
  • Floor Space (approx): 6034 Square Feet
  • Ownership: Freehold
  • Property Sub Type: Retail
  • Zoning: DT1

Courtesy of: NAI Commercial Central Vancouver Island Ltd., 460 Realty Inc. (NA)

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.