149 Wallace St Active

Nanaimo,BC V9R 5B2

$ 1098000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 976684

Rental Info Unrestricted

Annual Tax Amount $5,676

Tax Year 2024

Lot Size 0.270 Acres

Acres 0.27

Property Description

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 3.3

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning DT 3

Interior

Heating Baseboard

Cooling None

Flooring Carpet,Hardwood

Heat Source Baseboard

Exterior

Parking On Site 1

Building

Lot Description Central Location,Easy Access,Shopping Nearby,Sidewalk

Building Description Stucco,Wood, Parking,Security System

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Stucco,Wood

Others

Pets Allowed Yes

Tax ID 008-788-456

Ownership Freehold

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