Property Attributes
- MLS#1044373
- TypeCommercial
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa Old City
- Postal CodeV9R 5G9
- StyleMixed Use
- Taxes$ 24332
- Price$ 1,195,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3092
- Lot Size0.34 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description
Rare opportunity to acquire 2 contiguous parcels w/ over 15,000 sqft in Downtown Nanaimo with highly sought-after DT5 zoning, allowing for mixed-use and higher-density development. Offering a combination of immediate usability and long-term redevelopment potential, the property is improved with a 3,092 sq ft building featuring a restaurant-ready commercial layout complete with commercial kitchen infrastructure, multiple washrooms and lower-level office/storage space. Recent capital improvements include a new torch-on roof and interior remediation, providing a solid foundation for immediate occupancy, leasing or holding income. An adjoining parcel currently provides on-site parking while offering future expansion or redevelopment flexibility. Positioned in Nanaimo's downtown core, steps from the waterfront, transit and amenities. Opportunity for developers, investors, restaurateurs, medical or professional users. The seller is motivated and welcomes serious offers.
General Features
| Sewer | Sewer To Lot |
|---|---|
| Cooling | Partial |
| Zoning | DT5 |
| View | Other |
| Property Subtype | Mixed Use |
| Property Type | Commercial Sale |
| Commercial Area | Other |
| Commercial Listing Type | Building,Land |
Interior Features
| Total Units | 1 |
|---|
Exterior Features
| Building Features | Security System,Shopping Nearby |
|---|---|
| Lot Features | Cleared |
| Water Source | Municipal |
| Building Area Total | 3092.00 |
| Lot Size Square Feet | 15210.00 |
| Lot Size Acres | 0.34 |
| View YN | Yes |
| Parking Onsite YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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