Retail for sale
83 - 87 Commercial St, Nanaimo
$1,800,000
Features
Year Built
1913
Lot Size
8,036 sqft
Gross Property Tax
$31,702 /year
Zoning
DT1 & DT4
Amenities
Sign: Allowed, High Traffic Area, Shopping Nearby, Transit Nearby, Visual Exposure
View
City
Additional Features
Central Location, Easy Access, Shopping Nearby
Description
FOR SALE: Two city lots with 6.024 SF Multi tenant investment property known as Rogers Block located in the heart of Nanaimo's downtown core. +/- 5.8% Cap rate on asking price. The tenant mix is diverse with 3 ground floor commercial units and 4 upper floor office tenants / persona service businesses. This property is located in one of Nanaimo's most coveted downtown locations on Commercial Street with bonus frontage on Terminal Ave for parking and rear building access. The building is very well maintained with a new roof completed approximately 2017. Contact listing agent for further details.
MLS® Number 992990