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One Percent Realty Ltd.
Downtown Nanaimo
Return to: Downtown Nanaimo
348 Wesley St
Na Old City
Nanaimo
V9R 2T6
$1,200,000
Commercial Sale
built: 1948
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 993605
- Year Built:
- 1948
- Photos (36)
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Commercial office building with fantastic curb appeal, located in the heart of Old City, close to restaurants, shops & professionals. Potential development opportunity with both neighbouring parking lots that include 36 parking stalls per lot/located at 352 Wesley St./341 Robson St. can be purchased(MLS 993603 /MLS 993602). Near city annex, city hall, Commercial & Fitzwilliam St. shops/waterfront, ideal for counselling services, lawyer, accountant or any other professional. Front reception area, customer seating, 6 prvt offices, board room, lunch area, + 2 bdrm accommodation down. Landmark building w/ parking for 4 cars out front, additional street parking & street exposure allows owners to take full advantage of exterior character features/charming covered front deck w/ wheelchair ramp. Development opp. w/ DT2 zoning w/ variety of commercial & residential development options & future value to investor/developer.(Measurements/info approximate & should be verified if important.)
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building
- Year built:
- 1948 (Age: 77)
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 5,362 sq. ft.498 m2
- Taxes:
- Signup
- Building Features:
- Basement, High Traffic Area, Kitchen/Staff Room, Laundry Room, Parking, Security System, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure
- Construction:
- Frame Wood, Wood
- New Construction:
- No
- Number of Storeys:
- 3
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,562 sq. ft.238 m2
- Commercial Area:
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- Cooling:
- HVAC
- Heating:
- Baseboard, Electric, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony, Balcony/Deck
- 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:
- Signup
- Parking Features:
- On Site
- Road Frontage Type:
- Street
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Apr 01, 2025
- Original Price:
- 1200000.0
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Virtual Tour
Larger map options:
Listed by RE/MAX Generation (LD)
Data was last updated April 12, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $900,000
- Min list price:
- $23
- Max list price:
- $4,750,000
- Avg days on market:
- 96
- Min days on market:
- 4
- Max days on market:
- 353
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.