Commercial property for sale

319 Selby St, Nanaimo

$4,290,000 or
$4,290,000 or

Commercial property for sale

319 Selby St, Nanaimo

Features

Lifestyle
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Year Built
2010
Lot Size
14,374 sqft
Gross Property Tax
$52,939 /year
Zoning
DT-2
Amenities
Balcony/Deck, Display Window, Security System, Sign: Lighted, Sprinkler System, Storefront, Fire Alarm, Fire Sprinklers, Handicap Facilities, Parking, Security System, Storage Room, Transit Nearby, Visual Exposure
View
City, Ocean
Additional Features
Central Location, Easy Access, Landscaped, Marina Nearby, Rectangular Lot, Shopping Nearby
94

Description

The building was entirely redesigned and reconstructed in 2010 as a mixed-use building (commercial and residential). The reconstruction created a well designed, adaptable and robust building with quality, high-end contemporary finishes throughout. The interiors of both residential and commercial units were purpose-built for the current tenants. The new construction developed two upscale residential suites complete with individual garage/storage areas and a rooftop patio (with ocean views). Design and finishes show care and quality as these were constructed as the owners' residences. Each of the two residential units are full two-bedroom, two-bathroom homes. The thoughtfully designed island kitchens are complete with high-end finishes and cabinetry. Open-plan design is continuous into the dining and living areas, creating an expanse of living-space. Two separate ground-floor commercial units provide street-front visibility and access. The larger unit is a two level, multi-use space which was designed for the current tenant during reconstruction in 2010. Interior finishes include glass-paneled office walls allowing daylight throughout the unit. The tenant has occupied, and further developed the unit since 2010. The second commercial unit is a single floor. This is constructed and leased as offices but can be easily adapted to other uses. The property is located in the Old City Quarter, the historic center of Nanaimo. The Old City Quarter is an active retail and services area mixed with single family and new multifamily housing. The area has easy access to the downtown waterfront, restaurants, boutique retail, services, hotels, marinas. The property is adjacent to the city bus terminal and offers nearby air (floatplane) or ferry service to Vancouver.
MLS® Number 976272

Listing REALTOR®

Randall Taylor, REALTOR<sup>®</sup>

Randall Taylor

REALTOR®

NAI Commercial Central Vancouver Island Ltd.

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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