123 Commercial St Nanaimo, British Columbia V9R 5G5


Downtown Nanaimo Commercial Building FOR SALE, situated on a large 8325 sq ft lot in the heart of Downtown Nanaimo located on the main Street is this Multi Unit Commercial building with 4 units all separately metered with direct access on Commercial St. 3 units are currently leased with Net escalating leases in place while the 4th unit is currently for lease at $15 per sq ft. The building offers a total of 9937 sq ft of space over 2 levels. The units are street level onto the busy Commercial St with the rear of the property on Skinner Street which offers additional access to the upper-level unit, you will find 3-4 parking spaces at the rear of the building. City Parkade is a 2 minute walk with 240 stalls. Property is DT1 Zoning which offers many permitted uses including future re-development potential. This is a great opportunity to get a foot hold in the Nanaimo Downtown core while being located close to the waterfront and minutes from the Float plane and Heli Jet terminals. Further details available. Information package is available. (id:16027)

Property Details

MLS® Number 929005
Property Type Other
Neigbourhood Old City
Features Other, Marine Oriented
Parking Space Total 3


Size Exterior 9937 Sqft
Type Commercial Mix


Access Type Road Access
Acreage No
Size Irregular 8325
Size Total 8325 Sqft
Size Total Text 8325 Sqft
Zoning Description Dt-1
Zoning Type Unknown



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Contact Jeff King, Realtor®

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To contact Jeff King directly to discuss your real estate needs, please do one of the following:

Phone me at 250-751-4902
Email me using the form to the right

If you prefer regular mail, you can send me your letter mail in care of the Sutton Group – West Coast Realty address below.

Sutton West Coast Realty

604 – 5800 Turner Road
Nanaimo BC V9T 6J4

Office phone: 250-756-2112
Office fax: 250-756-9144