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200 & 206 Commercial St, NANAIMO
2024-09-24
Quick Summary
- Location
- 200 & 206 Commercial St, NANAIMO, British Columbia V9R5G6
- Price
- $1,199,000
- Status:
- For Sale
- Property Type:
- Retail
- Year of Construction:
- 1908
MLS®#976996
Property Description
This two-storey fully leased investment property is located in downtown Nanaimo on the corner of Commercial Street and Bastian Street. The building consists of two ground floor units and a second floor unit. The ground floor units are leased to a well established clothing store and a restaurant provider. The second floor is occupied by a long term tenant that provides graphics screen printing and embroidery. The total leasable space is 6,034 Sq. Ft. Unit A; 1,717 Sq. Ft., Unit B; 1,248 Sq. Ft., and the second floor Unit being 3,069 Sq. Ft. This property will be further enhanced by the City of Nanaimo improvements that are currently in progress along Commercial Street, details can be found on the City of Nanaimo website. (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Retail
Ownership
- Type: Freehold
Zoning
- Description: DT1
Information entered by NAI Commercial Central Vancouver Island Ltd.
Listing information last updated on: 2024-11-15 20:22:00
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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Joe Squire REALTOR ® MBA
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