Prime Location! Situated downtown Nanaimo, offering excellent potential for businesses seeking a central location. Near government offices and corporate buildings, and adjacent to new multi-family developments, this building is perfectly suited for office, medical, or government use. Previously utilized by a law firm, the space is set up for professional services. The main level features entrances from both Wallace Street and Richards Street, with on-site parking. The second-floor offices are accessible via a private rear staircase, providing flexibility for two separate office spaces or a unified layout, supported by dual meters and heating systems. The full basement, with internal and external access, offers storage options. An ideal opportunity for businesses looking to establish a presence in one of Nanaimo’s most dynamic areas.
Currently leased for: Period: November 1, 2024 to April 30, 2024 $3,506,67 per month
1) Additional Rent $1,753,33 per month, subject to Section 3.3
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale of Contract
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
11,756 sq. ft.1,092 m2
Building Features:
Parking, Security System
Construction:
Stucco, Wood
Foundation:
Concrete Perimeter
Floor finish:
Carpet, Hardwood
Total Building Area:
2,639 sq. ft.245 m2
Leasable Area:
2,639 sq. ft.245 m2
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
DT 3
Lot Site Features:
Central Location, Easy Access, Shopping Nearby, Sidewalk
Data was last updated February 5, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$849,999
Min list price:
$23
Max list price:
$4,750,000
Avg days on market:
98
Min days on market:
13
Max days on market:
360
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.