Commercial property for sale

149 Wallace St, Nanaimo

$1,098,000 or
$1,098,000 or

Commercial property for sale

149 Wallace St, Nanaimo

Features

Lifestyle
976684 1098000 /en/commercial-property~for-sale~nanaimo/976684?view=Summary /en/commercial-property~for-sale~nanaimo/976684/photos 49.1677300000 -123.9423900000 true
Floor Area
2,639 sqft
Lot Size
11,756 sqft
Gross Property Tax
$5,676 /year
Zoning
DT 3
Amenities
Parking, Security System
Additional Features
Central Location, Easy Access, Shopping Nearby, Sidewalk

Description

Prime Location! Situated downtown Nanaimo, offering excellent potential for businesses seeking a central location. Near government offices and corporate buildings, and adjacent to new multi-family developments, this building is perfectly suited for office, medical, or government use. Previously utilized by a law firm, the space is set up for professional services. The main level features entrances from both Wallace Street and Richards Street, with on-site parking. The second-floor offices are accessible via a private rear staircase, providing flexibility for two separate office spaces or a unified layout, supported by dual meters and heating systems. The full basement, with internal and external access, offers storage options. An ideal opportunity for businesses looking to establish a presence in one of Nanaimo’s most dynamic areas. Currently leased for: Period: November 1, 2024 to April 30, 2024 $3,506,67 per month 1) Additional Rent $1,753,33 per month, subject to Section 3.3
MLS® Number 976684

Listing REALTORS®

Derek Gillette, REALTOR<sup>®</sup>

Derek Gillette

REALTOR®

eXp Realty

Christopher Sinclair, REALTOR<sup>®</sup>

Christopher Sinclair

REALTOR®

eXp Realty

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

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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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