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One Percent Realty Ltd.
Downtown Nanaimo
Return to: Downtown Nanaimo
14 Victoria Cres
Na Old City
Nanaimo
V9R 5B8
$2,450,000
Commercial Sale
built: 1948
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 994650
- Year Built:
- 1948
- Photos (10)
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OFFERED FOR SALE DOWNTOWN STRIP MALL. KNOWN AS THE VILLAGE SQUARE. FEATURES OVER 17,000 SQ FT LEASEABLE SPACE PLUS SOME OPEN AND COVERED DECK AREAS.
PRIME LOCATION ACROSS THE STREET FROM CASINO AND HARBOUR PARK MALL, 1 BLOCK TO CONVENTION CENTER CLOSE TO WATERFRONT AND REVITALIZED AREA AND COMMERCIAL, GREAT HOLDING PROPERTY COULD BE FUTURE REDEVELOPMENT SITE.
THIS MALL FEATURES VARIOUS LONG TERM TENANTS INCLUDING RESTAURANTS, BARBER SHOP, BIKE SHOP, HOBBY SHOP, PIZZA SHOP, OFFICES, ADMINISTRATION AND VARIOUS OTHER SERVICE AND RETAIL SHOPS. THE PROPERTY HAS GREAT SIGNAGE, FRONTS VICTORIA CRES AND HAS ACCESS OFF TERMINAL AVE WITH A SMALL AMOUNT OF PARKING AT THE BACK OF THE MALL.
- 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:-)
- Taxes:
- Signup
- Building Features:
- Basement, Fire Alarm, High Traffic Area, Parking, Shopping Centre, Transit Nearby, Visual Exposure
- Construction:
- Concrete, Frame Wood, Glass, Stucco & Siding
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 15,864 sq. ft.1,474 m2
- Leasable Area:
- 17,279 sq. ft.1,605 m2
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Other
- Heating:
- Baseboard, Electric, Natural Gas
- Fireplace:
- No
- Pending Date:
- Signup
- Parking
- Inventory
- Balcony, Balcony/Deck, Display Window, Sign: Allowed, Storefront
- City
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
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- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Utilities:
- Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available
- Lot Site Features:
- Central Location, Easy Access, Marina Nearby, Serviced, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Total Parking Spaces:
- 4
- Business Type:
- Retail, Service
- Total Units:
- Signup
- Date Listed:
- Apr 08, 2025
- Original Price:
- 2450000.0
Larger map options:
Listed by Island Pacific Realty Ltd.
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.