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$1,600,000
Est. payment /mo
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1002963
Rental Info Unrestricted
Year Built 1927
Annual Tax Amount $24,208
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40X100
Property Sub-Type Office
Property Description
Historic ocean view office building located along the waterfront business and tourist centre of Nanaimo. This building remains as a long-standing home for lawyers and related professionals. This building has been known by the name of the prestigious firms who have tenanted the building.
The building provides 9,760 square feet of office area spread across 3 ½ floors, Street front provides two levels, with two additional floors below the street front following the slope of land towards the water. Both lower levels have east-facing windows.
The open floor plan with some enclosed office areas, boardrooms and reception areas on the upper three floors. Front glass-enclosed stairway and large water side windows provide daylight to the upper three floors.
This is an ideal investment property for an owner who can benefit from demising and modernizing to gain full market lease rates. An Owner/ Occupier gains increased value of revitalization of downtown area and potential lease income.
The building provides 9,760 square feet of office area spread across 3 ½ floors, Street front provides two levels, with two additional floors below the street front following the slope of land towards the water. Both lower levels have east-facing windows.
The open floor plan with some enclosed office areas, boardrooms and reception areas on the upper three floors. Front glass-enclosed stairway and large water side windows provide daylight to the upper three floors.
This is an ideal investment property for an owner who can benefit from demising and modernizing to gain full market lease rates. An Owner/ Occupier gains increased value of revitalization of downtown area and potential lease income.
Location
Province BC
County Nanaimo, City Of
Area Na Old City
Zoning DT5
Interior
Heating Mixed
Exterior
View Y/N Yes
View City, Ocean
Building
Lot Description Central Location, Level, Recreation Nearby
Others
Tax ID 002-806-592
Ownership Freehold
Read Less Info
Listed by NAI Commercial (Victoria) Inc.