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Home BC Greater Nanaimo Nanaimo City Center-Protection Island
83 - 87 Commercial St
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83 - 87 Commercial St $1,800,000
$1,800,000
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83 - 87 Commercial St
Nanaimo, British Columbia V9R5G3

MLS® Number: 992990

Listing Description

FOR SALE: Two city lots with 6.024 SF Multi tenant investment property known as Rogers Block located in the heart of Nanaimo's downtown core. +/- 5.8% Cap rate on asking price. The tenant mix is diverse with 3 ground floor commercial units and 4 upper floor office tenants / persona service businesses. This property is located in one of Nanaimo's most coveted downtown locations on Commercial Street with bonus frontage on Terminal Ave for parking and rear building access. The building is very well maintained with a new roof completed approximately 2017. Contact listing agent for further details. (29059563)

Property Summary

Property Type
Retail
Building Type
Retail
Neighbourhood Name
Old City
Title
Freehold
Land Size
8036 sqft
Built in
1913
Annual Property Taxes
$31,702
Total Parking Spaces
10
Time on REALTOR.ca
12 days

Building

Building Features
Features
Central location, Other
Business
Business Name
ROGERS BLOCK
Parking
Total Parking Spaces
10

Land

Lot Features
View
City view
Other Property Information
Zoning Description
DT1 & DT4
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8
Brad Archibald