Skip To Content

    75-77 Commercial St

    Nanaimo, BC V9R 5G9
    • $950,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 872420
    UPDATED: 2 min ago
    $950,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    Built:
    1913
    Area:

    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, long term new tenant at $2000+NNN per month. 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.

    Monthly Payment Calculator

    http://www.vreb.org/vreb/VREBReciprocityProgram.html

    MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-05-13T12:22:05.97.
    www.dayteam.com/homes/116034951
    Print Image

    75-77 Commercial St Nanaimo, BC V9R 5G9

    • Price: $950,000
    • Status: Active
    • Updated: 2 min ago
    • MLS #: 872420
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1913
    Built
    Neighbourhood:
    Na Old City
    Area:
    Nanaimo
    School District:
    Nanaimo, City Of
    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, long term new tenant at $2000+NNN per month. 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.
    Exterior Features

    Construction Materials Frame Wood Entry Location Main Level Exterior Features Awning(S)Balcony/DeckDisplay WindowLow Maintenance YardSecurity SystemSign: AllowedSprinkler SystemStorefrontSee Remarks Lot Features Central LocationLevelMarina NearbyNear Golf CourseRecreation NearbyRectangular LotServicedShopping NearbySidewalk Parking Features On Site Parking Total 2 Road Surface Type Paved View CityMountain(S) View YN Yes Waterfront YN No

    Interior Features

    Cooling Air ConditioningHvac Cooling YN Yes Fireplace YN No Flooring Mixed Foundation Details Slab Heating Heat PumpNatural Gas Heating YN Yes

    Property Features

    Building Features Fire AlarmFire SprinklersHigh Traffic AreaKitchen/Staff RoomSecurity SystemShopping NearbyTransit NearbyVisual ExposureSee Remarks New Construction YN No Other Equipment Security System Ownership Freehold Property Condition Updated/Remodeled Property Sub Type Mixed Use Rental Allowed Unrestricted Restrictions Easement/Right Of WayOther Sewer Sewer Connected Tax Annual Amount 10597.11 Tax Jurisdiction City Of Nanaimo Tax Year 2020 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone Connected Water Source MunicipalTo Lot Youngest Age Allowed 0 Zoning Dt1

    Listing provided courtesy of Royal Lepage Coast Capital - Westshore and [CO-OFFICENAME].

    MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
    http://www.vreb.org/vreb/VREBReciprocityProgram.html

    MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Day Team Realty. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2021-05-13T12:22:05.97.
     
    https://bt-photos.global.ssl.fastly.net/victoria/orig_boomver_1_872420-2.jpg https://bt-photos.global.ssl.fastly.net/victoria/orig_boomver_1_872420-2.jpg https://bt-photos.global.ssl.fastly.net/victoria/orig_boomver_1_872420-2.jpg
    Logo
    Day Team Realty
    301-3450 Uptown Blvd
    Victoria BC, V8Z 0B9