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John Cooper

john@johncooper.ca +1(250) 619-9207

$ 1,800,000

Est. payment -/mo

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83 - 87 Commercial St Nanaimo, BC V9R 5G3

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 992990

Rental Info Unrestricted

Year Built 1913

Annual Tax Amount $31,702

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Retail

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT1 & DT4

Interior

Flooring Mixed

Exterior

Exterior Feature Sign: Allowed

Parking On Site 1

Utilities Available Cable To Lot, Electricity To Lot, Natural Gas Available, Phone To Lot

View Y/N Yes

View City

Total Parking Spaces 10

Building

Lot Description Central Location, Easy Access, Shopping Nearby

Story 2

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood

Others

Tax ID 004-979-150

Ownership Freehold

Listed by Colliers International (Nan)

John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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