Office for sale

190 Wallace St, Nanaimo

$4,250,000 or
Office for sale in Nanaimo, Old City, 190 Wallace St, 938249 | Realtylink.org
$4,250,000 or

Office for sale

190 Wallace St, Nanaimo

Features

Lifestyle
938249 4250000 /en/office~for-sale~nanaimo/938249?view=Summary /en/office~for-sale~nanaimo/938249/photos 49.1672000000 -123.9413200000 true
Year Built
1976
Lot Size
6,752 sqft
Gross Property Tax
$55,725.40 /year
Zoning
DT-3
96

Description

15,593 square foot three - storey office building fully leased to the Provincial Government located at the corner of Wallace Street and Wentworth Street in downtown Nanaimo. Built in 1976, 190 Wallace Street is a three - storey wood frame commercial building with a rain screen system and masonry block, serviced by elevator, two stairwells, and comprised of a mix of office types. Recent extensive work has been carried out to modernize the building including: New Roof, HVAC, awnings, exterior lighting and more. Capitalization rate is approx. 5.6% on the asking price
MLS® Number 938249

Listing REALTORS®

Jason Winton, REALTOR<sup>®</sup>

Jason Winton

REALTOR®

Colliers International (Nan)

Brad Bailey, REALTOR<sup>®</sup>

Brad Bailey

REALTOR®

Colliers International (Nan)

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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