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580A-2980 Island Hwy NORTH, Nanaimo, BC, V9T 5V4

MLS® # 975973
new listing
Commercial For Sale In Departure Bay, Nanaimo, British Columbia
$160,000
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580A-2980 Island Hwy NORTH, Nanaimo, BC, V9T 5V4
$160,000

Property Information:

For Sale: The Daily Bud Cannabis Retail Store is strategically located in central Nanaimo within the Rock City Shopping Centre. This retail centre is anchored by Tim Hortons, Wendy's, Gone Fishin, Smitty's Restaurant and others. Located just north of the BC Ferry Departure Bay Terminal on the Island Highway, this centre receives significant vehicle traffic exposure along with foot traffic from nearby amenities including Country Club Mall directly to the north. This business asset sale includes the coveted Cannabis Retail Store License which will be assigned to a Buyer along with the existing lease in place expiring February 2027 (includes an additional 5 year option to renew). Financial information can be provided to qualified buyers. Contact listing agents for further information. Please do NOT disturb employees

Property Features:

  • Annual Tax Amount: $0
  • Building Features: Parking, Shopping Nearby, Transit Nearby
  • Business Type: Retail
  • Exterior Features: Sign: Allowed
  • Flooring: Carpet
  • Lot Features: Central Location, Easy Access, Landscaped, Near Golf Course
  • Ownership: Leasehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Business

Courtesy of: Colliers International (Nan)

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.

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Market Price Trends

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Location of 580A-2980 Island Hwy NORTH, Nanaimo, BC, V9T 5V4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 580A-2980 Island Hwy NORTH, experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past
28.6℃
2050
31.4℃

# Hot Days Per Year

Past
7
2050
19

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

15 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 580A-2980 Island Hwy NORTH, experiences 13 significant 2-day storms per year, with about 733.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 841.4mm of precipitation per year.

Precipitation Per Storm

Past
733.1mm
2050
841.4mm

48-Hour Storms Per Year

Past
13
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 580A-2980 Island Hwy NORTH, Nanaimo, BC, V9T 5V4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$95,870.16

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.54 %

High school certificate or equivalent

36.12 %

Apprenticeship trade certificate/diploma

9.49 %

College/non-university certificate

19.72 %

University certificate (below bachelor)

1.17 %

University Degree

18.96 %

Commuter

Travel To Work

By Car

78.84 %

By Public Transit

10.07 %

By Walking

4.93 %

By Bicycle

1.86 %

By Other Methods

4.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.3 %

Houses

64.7 %

Own Vs. Rent

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