200 & 206 Commercial St Active

Nanaimo,BC V9R 5G6

$ 1199000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 976996

Rental Info Unrestricted

Year Built 1908

Annual Tax Amount $23,449

Tax Year 2023

Property Description

This two-storey fully leased investment property is located in downtown Nanaimo on the corner of Commercial Street and Bastian Street. The building consists of two ground floor units and a second floor unit.

The ground floor units are leased to a well established clothing store and a restaurant provider. The second floor is occupied by a long term tenant that provides graphics screen printing and embroidery.

The total leasable space is 6,034 Sq. Ft. Unit A; 1,717 Sq. Ft., Unit B; 1,248 Sq. Ft., and the second floor Unit being 3,069 Sq. Ft.

This property will be further enhanced by the City of Nanaimo improvements that are currently in progress along Commercial Street, details can be found on the City of Nanaimo website.

Location

Province BC

County Nanaimo Regional District

Area Na Old City

Zoning DT1

Building

Story 2

Others

Tax ID 008-771-120

Ownership Freehold

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