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924 Old Victoria Rd, Nanaimo, BC, V9R 6Z8

MLS® # 1007776
Commercial For Sale In Chase River/ Duke Point / South End, Nanaimo, British Columbia
$7,250,000

None Beds

924 Old Victoria Rd, Nanaimo, BC
924 Old Victoria Rd, Nanaimo, BC
924 Old Victoria Rd, Nanaimo, BC
924 Old Victoria Rd, Nanaimo, BC
924 Old Victoria Rd, Nanaimo, BC
924 Old Victoria Rd, Nanaimo, BC
  • Advertising
924 Old Victoria Rd, Nanaimo, BC, V9R 6Z8
$7,250,000

Property Information:

Attention Industrial Users & Developers: For sale is 5.91 Acre Industrial Zoned Development Site in Nanaimo with Development Permit application submitted for a 180,000 square foot development, situated in an industrial market with a sub 1% vacancy rate. Located on the east side of Old Victoria Road, 1,200 meters north of the fully controlled intersection of Trans-Canada Highway and Old Victoria Road. The property is 10 minutes away from both the Departure Bay and Duke Point ferry terminals as well as the Port of Nanaimo. The site will be provided with a clean environmental, in addition to all other completed studies including: Archeology, Onsite/Offsite Costing, Sub Surface Investigations, Geotechnical and the full Development Permit package. While the DP as proposed may not line up with the vision of all buyers, it demonstrates that all of the development work has been done, leaving a clear path for a buyer to pursue their own vision.

Property Features:

  • Annual Tax Amount: $65,419
  • Lot Features: Acreage, Central Location, Cleared, Easy Access
  • Lot Frontage: 257439.6 Square Feet
  • Lot Size: 5.91 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Industrial
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: I-2
  • Sewer: Sewer Available

Courtesy of: Colliers International (Nan)

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

3.06%

Price change (1 year)

47.73%

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 924 Old Victoria Rd, Nanaimo, BC, V9R 6Z8

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, 924 Old Victoria Rd , 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, 924 Old Victoria Rd , 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 924 Old Victoria Rd, Nanaimo, BC, V9R 6Z8

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,959.05

Average Number of Children

1.38

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.26 %

High school certificate or equivalent

37.63 %

Apprenticeship trade certificate/diploma

10.98 %

College/non-university certificate

15.01 %

University Degree

11.13 %

Commuter

Travel To Work

By Car

78.95 %

By Public Transit

2.47 %

By Walking

2.76 %

By Bicycle

4.57 %

By Other Methods

11.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

5.64 %

Houses

94.36 %

Own Vs. Rent

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