83-87 Commercial St, Nanaimo, BC, V9R 5G3

MLS® # 953877

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

$1,700,000

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83-87 Commercial St, Nanaimo, BC, V9R 5G3

$1,700,000

Property Information:

Located on downtown Nanaimo's historic Commercial Street, the Rogers Block is a prominent mixed-use building. Its ground floor boasts two commercial units, perfect for retail or services. The second floor features four offices, ideal for professionals seeking a central location. Additionally, a ground floor storage area provides convenience. Access and parking are facilitated by 340 Terminal Avenue, enhancing accessibility. The building features a newer roof completed around 2017, ensuring durability and reduced maintenance costs. Given its prime location, the Rogers Block enjoys high occupancy and significant demand, making it an attractive investment opportunity in Nanaimo's bustling downtown core.

Property Features:

Annual Tax Amount: $28,785
Building Features: High Traffic Area, Shopping Nearby, Transit Nearby
Construction Materials: Frame Wood
Cooling: None
Exterior Features: Sign: Allowed, Storefront
Floor Space (approx): 5790 Square Feet
Heating: Baseboard, Electric
Lot Frontage: 8036 Square Feet
Lot Size: 8036.00 Square Feet
Ownership: Freehold
Parking Features: On Site
Property Condition: Updated/Remodeled
Property Sub Type: Mixed Use

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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Notes:

Lee Robinson

Sales Representative Royal LePage Nanaimo Realty *

Mobile:250.327.8988

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Market Price Trends

Location of 83-87 Commercial St, Nanaimo, BC, V9R 5G3

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: Significant

20 hot days expected in 2050

Projected Storm Risk: Exteme

14 storms expected in 2050

Projected Heat Risk: Significant

20 hot days expected in 2050

29/100

Significant

ClimateCheck®

Current data

This property, 83-87 Commercial 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 Storm Risk: Exteme

14 storms expected in 2050

93/100

Exteme

ClimateCheck®

Current data

This property, 83-87 Commercial 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 83-87 Commercial St, Nanaimo, BC, V9R 5G3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

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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83-87 Commercial St, Nanaimo, BC, V9R 5G3 $1,700,000 MLS® # 953877

Property Information:

Property Features:

Market Price Trends

Location of 83-87 Commercial St, Nanaimo, BC, V9R 5G3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 83-87 Commercial St, Nanaimo, BC, V9R 5G3

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

83-87 Commercial St, Nanaimo, BC, V9R 5G3

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