30 Front St, Nanaimo, BC, V9R 5H7

MLS® # 1002963

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

$1,600,000

None Beds

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30 Front St, Nanaimo, BC, V9R 5H7

$1,600,000

Property Information:

Historic ocean view office building located along the waterfront business and tourist centre of Nanaimo. This building remains as a long-standing home for lawyers and related professionals. This building has been known by the name of the prestigious firms who have tenanted the building.The building provides 9,760 square feet of office area spread across 3 ½ floors, Street front provides two levels, with two additional floors below the street front following the slope of land towards the water. Both lower levels have east-facing windows.The open floor plan with some enclosed office areas, boardrooms and reception areas on the upper three floors. Front glass-enclosed stairway and large water side windows provide daylight to the upper three floors. This is an ideal investment property for an owner who can benefit from demising and modernizing to gain full market lease rates. An Owner/ Occupier gains increased value of revitalization of downtown area and potential lease income.

Property Features:

Annual Tax Amount: $24,208
Building Features: Shopping Nearby, Visual Exposure
Built in: 1927
Floor Space (approx): 9.76 Square Feet
Heating: Mixed
Lot Features: Central Location, Level, Recreation Nearby
Lot Frontage: 4000 Square Feet
Lot Size: 4000.00 Square Feet
Ownership: Freehold
Property Sub Type: Office
Road Frontage Type: Street
View: City
Zoning: DT5

Courtesy of: NAI Commercial (Victoria) Inc.

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

Location of 30 Front St, Nanaimo, BC, V9R 5H7

Lifestyle
Neighbourhood

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, 30 Front St , 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

2050

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, 30 Front St , 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

2050

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 30 Front St, Nanaimo, BC, V9R 5H7

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$80,631.17

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.71 %

High school certificate or equivalent

32.24 %

Apprenticeship trade certificate/diploma

8.66 %

College/non-university certificate

21.62 %

University certificate (below bachelor)

0.73 %

University Degree

25.04 %

Commuter

Travel To Work

By Car

74.95 %

By Public Transit

3.31 %

By Walking

13.96 %

By Bicycle

3.05 %

By Other Methods

4.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.72 %

Houses

23.28 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 30 Front St, Nanaimo, BC, V9R 5H7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 30 Front St, Nanaimo, BC, V9R 5H7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

30 Front St, Nanaimo, BC, V9R 5H7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing