Property Description

NEW PRICE $1,275,000 – Rare opportunity to acquire 2 contiguous parcels totalling over 15,000 sqft in the heart of Downtown Nanaimo with highly desirable DT5 zoning allowing for mixed-use and higher-density development, offering a compelling blend of immediate usability and long-term redevelopment potential, improved with an existing 3,092 sqft building featuring a restaurant-ready commercial layout with commercial kitchen infrastructure, multiple washrooms and lower-level office/storage area, with recent upgrades including a newly completed torch-on roof and interior remediation providing a solid foundation for occupancy or holding income, further enhanced by patio areas and an adjoining lot currently configured for parking or future expansion, all ideally positioned in a walkable, transit-oriented location steps from the waterfront and suited to restaurant, café, commercial, professional, medical or redevelopment opportunities.

Property Details

  • Property ID:31080471
  • Price:$1,275,000
  • Property Type:Commercial Sale
  • Lot Size:15210.00 sq ft
  • Status:Active
  • City:Nanaimo
  • State/Province:BC
  • Postal Code:V9R 5G9
  • Listing Agent:Kristie Haz
  • Office:eXp Realty (NA)

Condition

  • 3 Bedrooms
  • 2 Bathroom
  • 1 Garage
  • 1 Balcony
  • 4800 sq ft
  • TV

Features

  • Air conditioning
  • Wifi
  • Swimming Pool
  • Double Bed
  • Balcony
  • Telephone
  • Garage
  • Parking
  • TV
  • Home Theater
  • Alarm
  • Garage
  • Gym
  • Electric Range
  • Private space

Floor Plans

Size Rooms Bathrooms
1600 3 2
floor-plans

Property Vedio

Property Location