Rocket Web Labs Inc. Wix MLS IDX Real Estate

75 Commercial St

MLS® 872420

Property Description

Beautifully maintained building in the heart of Nanaimo's charming downtown core offering over a 5% CAP rate directly opposite the conference centre with ample parking and high visibility onto both Commercial St & Terminal Ave. The building is 3055sqft with a long term investment firm on the main floor with high quality finishings, 2 bathrooms, bright front window, street front and rear access. The upper level offers 3 separate entrances comprised of a bright, welcoming common area with skylight, large picture windows, full bathroom with shower, multiple offices & a large, sunny deck facing Terminal Ave & views of Mt. Benson creating a lovely outdoor space. The upper is leased to a quality, 10yr lease tenant at $2000+NNN per month commencing Sept.1,2021. DT1 zoning permits multiple uses including office, retail, private club, pub, shared work space, studio or live/work space. Viewings by appt only. Please refer to DT1 zoning for all permitted use & potential expansion of the building.

Full Address

75-77 Commercial St, Nanaimo BC V9R 5G9

MLS® Number

872420

Listing Price

$950,000

Property Type

Mixed Use

Year Built

1913

Living Area

0 SqFt

Bedrooms

Total Bathrooms

Tax Year

2020

Annual Tax Amount

$10,597.11

Interior Features

Lot Features

Central Location, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk

Exterior Features

Awning(s), Balcony/Deck, Display Window, Low Maintenance Yard, Security System, Sign: Allowed, Sprinkler System, Storefront, See Remarks

Total Fireplaces

Water Source

Municipal, To Lot

Gas

Heating

Heat Pump, Natural Gas

Cooling

Air Conditioning, HVAC

Sewer

Sewer Connected

Style of Home

Layout

Basement

Subdivision

Elementary School

Middle School

High School

Directions

Property Location

Listing by Royal LePage Coast Capital - Westshore

Listing information last updated: Tue May 18 2021 16:02:56 GMT+0000 (Coordinated Universal Time)

Rocket Web Labs Inc. Wix MLS IDX Real Estate

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Jenny Bruce Personal Real Estate Corporation

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Rocket Web Labs Inc. Wix MLS IDX Real Estate

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