Homes For Sale in Nanaimo

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149 Wallace St
Na Old City Nanaimo V9R 5B2

$1,098,000
Commercial Sale

Main Photo: 149 Wallace St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 976684
Photo 1: 149 Wallace St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 976684
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
976684
Prime Location! This property, situated in downtown Nanaimo, offers excellent potential for businesses seeking a central location. Positioned 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 already set up for professional services. The main level features entrances from both Wallace Street and Richards Street, with the added convenience of 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 abundant storage options. This is an ideal opportunity for businesses looking to establish a presence in one of Nanaimo’s most dynamic areas.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale of Contract
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
11,756.081 sq. ft.
Taxes:
Building Features:
Parking, Security System
Construction:
Stucco, Wood
Foundation:
Concrete Perimeter
Ceiling Heights:
Floor finish:
Carpet, Hardwood
Total Building Area:
2,639 sq. ft.
Leasable Area:
2,639 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
DT 3
Units in Building:
Units in Community:
Lot Site Features:
Central Location, Easy Access, Shopping Nearby, Sidewalk
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 19, 2024
Original Price:
1098000.0
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Listed by eXp Realty
Data was last updated October 22, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$899,000
Min list price:
$23
Max list price:
$4,880,000
Avg days on market:
93
Min days on market:
6
Max days on market:
504
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.