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Listing by Kristie Haz eXp Realty (NA)
$1,275,000
Est. payment /mo
3,092 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $412
MLS Listing ID 1032789
HOA Y/N No
Annual Tax Amount $24,332
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Mixed Use
Property Description
NEW PRICE $1,275,000 – Rare opportunity to acquire 2 contiguous parcels totalling over 15,000 sqft in the heart of Downtown Nanaimo with highly desirable DT5 zoning allowing for mixed-use and higher-density development, offering a compelling blend of immediate usability and long-term redevelopment potential, improved with an existing 3,092 sqft building featuring a flexible commercial layout with multiple washrooms and lower-level office/storage area, with recent upgrades including a newly completed torch-on roof and interior remediation providing a solid foundation for occupancy or holding income, further enhanced by patio areas and an adjoining lot currently configured for parking or future expansion, all ideally positioned in a walkable, transit-oriented location steps from the waterfront and suited to a range of commercial, professional, medical or redevelopment opportunities an increasingly rare chance to secure scale, zoning and location at a price supported by recent valuation.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Zoning DT5
Interior
Cooling Partial
Fireplace No
Exterior
Parking Features On Site
View Y/N true
View Other
Garage No
Building
Lot Description Cleared
Sewer Sewer To Lot
Water Municipal
Others
Ownership Freehold
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