Commercial property for sale
149 Wallace St, Nanaimo
$1,098,000
Features
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