$1,050,000
$1,199,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
200 & 206 Commercial St Nanaimo, BC V9R 5G6
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 976996
Sold Date 06/10/25
Rental Info Unrestricted
Year Built 1908
Annual Tax Amount $23,449
Tax Year 2023
Property Sub-Type Retail
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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Bought with RE/MAX of Nanaimo