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14 Victoria Cres, Nanaimo, BC, V9R 5B8

MLS® # 994650
Commercial For Sale In City Center/Protection Island, Nanaimo, British Columbia
$1,995,000

None Beds

14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
14 Victoria Cres, Nanaimo, BC
  • Advertising
14 Victoria Cres, Nanaimo, BC, V9R 5B8
$1,995,000

Property Information:

OFFERED FOR SALE DOWNTOWN STRIP MALL. KNOWN AS THE VILLAGE SQUARE. FEATURES OVER 17,000 SQ FT LEASEABLE SPACE PLUS SOME OPEN AND COVERED DECK AREAS.PRIME LOCATION ACROSS THE STREET FROM CASINO AND HARBOUR PARK MALL, 1 BLOCK TO CONVENTION CENTER CLOSE TO WATERFRONT AND REVITALIZED AREA AND COMMERCIAL, GREAT HOLDING PROPERTY COULD BE FUTURE REDEVELOPMENT SITE.THIS MALL FEATURES VARIOUS LONG TERM TENANTS INCLUDING RESTAURANTS, BARBER SHOP, BIKE SHOP, HOBBY SHOP, PIZZA SHOP, OFFICES, ADMINISTRATION AND VARIOUS OTHER SERVICE AND RETAIL SHOPS. THE PROPERTY HAS GREAT SIGNAGE, FRONTS VICTORIA CRES AND HAS ACCESS OFF TERMINAL AVE WITH A SMALL AMOUNT OF PARKING AT THE BACK OF THE MALL.

Inclusions: Parking

Exclusions : Inventory

Property Features:

  • Annual Tax Amount: $49,594
  • Building Features: Basement, Fire Alarm, High Traffic Area, Parking, Shopping Centre, Transit Nearby, Visual Exposure
  • Built in: 1948
  • Business Type: Retail, Service
  • Construction Materials: Concrete, Frame Wood, Glass, Stucco & Siding
  • Cooling: Other
  • Exclusions: Inventory
  • Exterior Features: Balcony, Balcony/Deck, Display Window, Sign: Allowed, Storefront
  • Floor Space (approx): 15864 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric, Natural Gas
  • Inclusions: Parking
  • Lot Features: Central Location, Easy Access, Marina Nearby, Serviced, Shopping Nearby, Sidewalk
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available
  • View: City
  • Water Source: Municipal
  • Zoning: DT-4
  • Sewer:
  • No. of Parking Spaces: 4

Courtesy of: Island Pacific Realty Ltd.

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.

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Market Price Trends

All Properties

2.98%

Price change (1 year)

45.26%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 14 Victoria Cres, Nanaimo, BC, V9R 5B8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 14 Victoria Cres , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
31.9℃

# Hot Days Per Year

Past
7
2050
20

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 14 Victoria Cres , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past
569.5mm
2050
660mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 14 Victoria Cres, Nanaimo, BC, V9R 5B8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,696.84

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.75 %

High school certificate or equivalent

37.93 %

Apprenticeship trade certificate/diploma

9.27 %

College/non-university certificate

16.28 %

University certificate (below bachelor)

3.08 %

University Degree

22.69 %

Commuter

Travel To Work

By Car

75.81 %

By Public Transit

6.32 %

By Walking

15.7 %

By Bicycle

0.93 %

By Other Methods

1.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

48.98 %

Houses

51.02 %

Own Vs. Rent

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