$1,995,000

Commercial For Sale In City Center/Protection Island, Nanaimo, British Columbia

$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.