83 - 87 Commercial St, Nanaimo, BC, V9R 5G3

$1,800,000

MLS® # 992990

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

$1,800,000

Property Information:

FOR SALE: Two city lots with 6.024 SF Multi tenant investment property known as Rogers Block located in the heart of Nanaimo's downtown core. +/- 5.8% Cap rate on asking price. The tenant mix is diverse with 3 ground floor commercial units and 4 upper floor office tenants / persona service businesses. This property is located in one of Nanaimo's most coveted downtown locations on Commercial Street with bonus frontage on Terminal Ave for parking and rear building access. The building is very well maintained with a new roof completed approximately 2017. Contact listing agent for further details.

Property Features:

  • Annual Tax Amount: $31,702
  • Building Features: High Traffic Area, Shopping Nearby, Transit Nearby, Visual Exposure
  • Built in: 1913
  • Construction Materials: Frame Wood
  • Exterior Features: Sign: Allowed
  • Flooring: Mixed
  • Lot Features: Central Location, Easy Access, Shopping Nearby
  • Lot Frontage: 8036 Square Feet
  • Lot Size: 8036.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Retail
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected
  • View: City
  • Water Source: Municipal
  • Zoning: DT1 & DT4
  • Sewer:
  • No. of Parking Spaces: 10

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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