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