Commercial property for sale
110 Nicol St, Nanaimo
$759,900
Features
Year Built
1965
Floor Area
1,600 sqft
Lot Size
10,454 sqft
Gross Property Tax
$10,231 /year
Zoning
DT-12
Amenities
Sign: Pylon, High Traffic Area, Parking, Security System, Visual Exposure
Additional Features
Central Location, Corner, Level, Serviced, Sidewalk
Description
Commercial opportunity in downtown location with DT12 zoning, dual road frontages, and unbeatable exposure to over 45,000 vehicles per day. Situated on a fully fenced 10,586 sq ft lot with ample on-site parking, the property features a prominent backlit pylon sign and new overhead lighting to maximize visibility. The 1,600 sq ft building is equipped with two drive-in bays, a bright showroom/reception area, private office, washroom, 200-amp electrical service, 4-point hoist, swivel boom, and compressor. Heating is provided by a gas furnace for both the showroom and shop, along with electric heat for added efficiency. This well-equipped site offers excellent potential for a service-based businesses, with future development opportunities thanks to its flexible zoning and strategic proximity to downtown amenities, ferry terminals, Helijet, seaplane terminal, and shopping. A rare and versatile investment in the heart of the city. Measurements are approximate and data should be verified if important.
MLS® Number 1017478