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One Percent Realty Ltd.
Downtown Nanaimo
Return to: Downtown Nanaimo
149 Wallace St
Na Old City
Nanaimo
V9R 5B2
$1,098,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 976684
- Photos (30)
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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
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 11,756.081 sq. ft.1,092.176 m2
- Taxes:
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- Building Features:
- Parking, Security System
- Construction:
- Stucco, Wood
- Foundation:
- Concrete Perimeter
- Ceiling Heights:
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- Floor finish:
- Carpet, Hardwood
- Total Building Area:
- 2,639 sq. ft.245.171 m2
- Leasable Area:
- 2,639 sq. ft.245.171 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Lot Site Features:
- Central Location, Easy Access, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Sep 19, 2024
- Original Price:
- 1098000.0
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Larger map options:
Listed by eXp Realty
Data was last updated October 30, 2024 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 35
- Avg list price:
- $899,000
- Min list price:
- $23
- Max list price:
- $4,880,000
- Avg days on market:
- 90
- Min days on market:
- 1
- Max days on market:
- 512
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.
- JOE SQUIRE
- ONE PERCENT REALTY LTD. (DUNC)
- 250-802-5899
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.