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100 Wallace St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 973382
Introducing an unparalleled investment opportunity in downtown Nanaimo! This fully occupied building, with most tenants having long-term leases, including an anchor tenant, the walk-in clinic, secured until 2030, generates over $150k in net profit annually. The diverse mix of tenants includes a pharmacy, physiotherapist, sleep clinic, CPA office, and art studio. Situated at the heart of Nanaimo's downtown center and with a 7-level apartment building under construction across the street, the potential for growth is immense. Benefit from stable income streams and tap into the future synergy with neighboring residents. With the rising demand for downtown residential properties, consider the possibility of transforming this property into coveted condominiums. Whether you're an investor seeking stability or an entrepreneur with a vision, this property offers an unparalleled opportunity. All measurements are approximate, to verify if important.More details
Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity.More details
This Commercial Investment property is situated in a highly sought-after area near Nanaimo's downtown core and offers excellent visibility and accessibility making it ideal for a variety of business ventures. For Sale is the Land & Building, Business is for sale separately. The DT4 Zoning allows for a broad range of uses including retail, office space, restaurant, neighbourhood pub, commercial school etc., making it a versatile choice for investors. Built in 1995, the building offers approximately 8,995 sq. ft. over 2 levels that could be adapted to suit various business needs of a tenant(s) or end user. Outside is ample parking space that could accommodate both employees and customers. Whether you're looking to expand your business, develop a new project, or secure a sound investment, this commercial building with land represents a unique opportunity for investors and businesses alike to own a premium commercial real estate asset. Plus GSTMore details
Attention Investors! Almost NEW 8 plex with great warranty remaining! Located on Kennedy street, which is in the heart of Old City, Nanaimo, BC this beautifully constructed building has a whole lot of Modern while maintaining the heritage building scheme and character. Each unit is fully self contained and private. The upper units have large decks to enjoy while the lower units still have their private outdoor patios and storage. There is a nice large parking lot that is shared in the back of the building or plenty of street parking for guests. The current rents are all at or above market rent with excellent residents occupying the suites. The landscaping is beautifully though out and very easy to maintain. Contact me today to request an information package and a private tour! Gross monthly rental income is $11,294.00. All measurements are approximate.More details
Over 10,000 SF of under utilized building included with iconic family-run restaurant located in Nanaimo in business over 35 years with loyal customer base! 120 Seats plus extended patio. Liquor license and full commercial kitchen and equipment to handle high volume catering. Winner of numerous awards and featured on TV food shows, and various vloggers. The original owners are ready to retire. This is a fantastic opportunity to run an established business and build equity on a great holding property with two titles. Turn-key operation with plenty of upside potential. Lots of redevelopment in the area. Please do not approach staff. Vendor financing possibleMore details
Listed by Sutton Group West Coast Realty W Broadway
Charming Live & Work Space in the Heart of Nanaimo. This beautifully renovated property blends residential comfort with commercial potential. Nestled between popular restaurants on vibrant Wesley Street, this property offers opportunity for those looking to establish a unique business in a bustling neighborhood. The exterior includes a wheelchair-accessible commercial-grade patio, parking, and additional space for another building or food truck. Inside, the craftsman styled interior balances modern amenities with old world charm. Custom features include heated bathroom floors, Canadian hardwood, Italian tile, quartz countertops, custom cabinets, cedar beams & a heat pump. Situated just minutes from the Harbourfront and Old City Quarter, this prime location is ideal for locals and tourists seeking a boutique experience. Don’t miss this incredible opportunity, call to view today! All measurements are approximate & should be verified if importantMore details
Charming Live & Work Space in the Heart of Nanaimo with DT2 Zoning. This beautifully renovated property blends residential comfort with commercial potential. Nestled between popular restaurants on vibrant Wesley Street, this property offers opportunity for those looking to establish a unique business in a bustling neighborhood. The exterior includes a wheelchair-accessible commercial-grade patio, parking, and additional space for another building or food truck. Inside, the craftsman styled interior balances modern amenities with old world charm. Custom features include heated bathroom floors, Canadian hardwood, Italian tile, quartz countertops, custom cabinets, cedar beams & a heat pump. Situated just minutes from the Harbourfront and Old City Quarter, this prime location is ideal for locals and tourists seeking a boutique experience. Don’t miss this incredible opportunity, call to view today! All measurements are approximate & should be verified if important.More details
Calling all investors! Nestled in the heart of Nanaimo, this impressive 5-unit investment property offers an opportunity for savvy investors looking to capitalize on a thriving real estate market. Just a stone's throw from the picturesque waterfront, this building sits in a highly desirable location and is within walking distance to amenities including parks, shopping, restaurants, schools and VIU. With its close-knit community atmosphere and the breathtaking backdrop of the ocean and mountains, living in this area offers a unique blend of urban conveniences and outdoor adventures. In addition, Nanaimo's ongoing development projects and urban revitalization efforts contribute to a positive outlook for property value appreciation. 4 covered parking stalls, additional surface parking, coin laundry and a storage locker for each unit are included. Fully tenanted. Monthly revenue available upon request. All data and measurements are approximate and should be verified if important.More details
Listed by Sutton Group-West Coast Realty and RE/MAX of Nanaimo
Prime Location! Situated downtown Nanaimo, offering excellent potential for businesses seeking a central location. Near government offices and corporate buildings, and adjacent to new multi-family developments, this building is perfectly suited for office, medical, or government use. Previously utilized by a law firm, the space is set up for professional services. The main level features entrances from both Wallace Street and Richards Street, with on-site parking. The second-floor offices are accessible via a private rear staircase, providing flexibility for two separate office spaces or a unified layout, supported by dual meters and heating systems. The full basement, with internal and external access, offers storage options. An ideal opportunity for businesses looking to establish a presence in one of Nanaimo’s most dynamic areas.
Currently leased for: Period: November 1, 2024 to April 30, 2024 $3,506,67 per month
1) Additional Rent $1,753,33 per month, subject to Section 3.3More details
ATTENTION INVESTORS & DEVELOPERS! Rare chance to acquire this prime Old City Commercial property zoned DT10 Business Commercial, boasting exceptional visibility and exposure just a stone's throw away from the bustling downtown core. The offering includes 704 & 710 Fitzwilliam Street, strategically positioned on a busy corner in Nanaimo's core. The property features a 1,121 sq ft single-level commercial office building on a generous 6,603 sq ft lot, while 710 Fitzwilliam St. offers a 2-bedroom, 772 sq ft single family home (currently rented but intended for tear down) with 370sqft shop on a spacious 6,557 sq ft lot. Combined, both lots span 13,160 sq ft with a total frontage of 168 ft on Fitzwilliam St. and 65 ft on Milton St. This presents a unique opportunity to establish your business in a strategic location with ample parking or holding for future development. Properties of this caliber are seldom available in the coveted Old City area, making this an investment not to be missed!More details
This stunning sought after executive upper townhouse in The Pacifica offers the perfect blend of luxury and convenience. With 3 beds and 3 baths and contemporary styling throughout, a gourmet kitchen equipped with high end appliances and a beautiful gas range stove and sprawling living room and dining room is perfect for entertaining guests. Located in the heart of Nanaimo and steps away from the Sea wall promenade you can enjoy your morning coffee on your private balcony or huge rooftop patio that comes with a hot tub both showcasing breathtaking 180 degree views of the Nanaimo Harbour. You'll love the convenience of all the amenities that downtown living offers such as restaurants, shopping and nightlife all within a 5 minute walk. Feel like going to Vancouver? Harbour Air Sea Plane is right there so you can be there in 25min! This townhouse is not just a home, it's a lifestyle. Experience the best of waterfront living and make every day a vacation at this exquisite property.More details
Discover this beautiful property on one of Nanaimo's most desirable heritage streets on a large 9405 sqft lot. The perfect family home with 3 bedrooms + den & 2.5 Baths, a gorgeous in ground pool, and sweeping ocean, mountain, & city views. Picture-perfect sunrises over the Coastal Mountains & the Strait of Georgia greet you from the large deck off the kitchen on the main floor, while the upstairs primary suite opens to its own expansive private patio, making entertaining a dream at this property. Brimming w/ potential, this property has a full partially finished basement, a detached garage, & potential to add a carriage house with laneway access. Every corner of the home reflects the love & care that’s been put into maintaining its beauty. Nestled in a vibrant & historic neighbourhood, just minutes from downtown & VIU, this home offers an exceptional blend of character, comfort & convenience. With room to grow & the perfect balance of indoor and outdoor living, it’s truly a rare find.More details