- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 992990
- Year Built:
- 1913
- Photos (24)
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FOR SALE: Two city lots with 6.024 SF Multi tenant investment property known as Rogers Block located in the heart of Nanaimo's downtown core. +/- 5.8% Cap rate on asking price. The tenant mix is diverse with 3 ground floor commercial units and 4 upper floor office tenants / persona service businesses. This property is located in one of Nanaimo's most coveted downtown locations on Commercial Street with bonus frontage on Terminal Ave for parking and rear building access. The building is very well maintained with a new roof completed approximately 2017. Contact listing agent for further details.
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building, Land
- Year built:
- 1913 (Age: 112)
- Lease Type:
- Sale Price
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 8,036 sq. ft.
- Taxes:
- $31,702 / 2024
- Building Features:
- High Traffic Area, Shopping Nearby, Transit Nearby, Visual Exposure
- Construction:
- Frame Wood
- New Construction:
- No
- Electricity:
- Yes
- Number of Storeys:
- 2
- Floor finish:
- Mixed
- Leasable Area:
- 5,790 sq. ft.
- Commercial Area:
- Not Applicable
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Sign: Allowed
- City
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1575300.0
- Assessment year:
- 2025
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- LOT 8 BLOCK 63 SITUATE IN COMMERCIAL INLET IN THE BED OF THE PUBLIC HARBOUR OF NANAIMO, NANAIMO DISTRICT PLAN 584 ASSESSEMENT ROLL #'S 85610000 & 81558000
- Zoning:
- DT1 & DT4
- Legal Non-Conformance:
- No
- Units in Building:
- 7
- Occupancy:
- Tenant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Connected, Electricity Connected, Natural Gas Available, Phone Connected
- Lot Site Features:
- Central Location, Easy Access, Shopping Nearby
- Parking Features:
- On Site
- Total Parking Spaces:
- 10
- Business Name:
- ROGERS BLOCK
- Total Units:
- 1
- Date Listed:
- Mar 24, 2025
- Original Price:
- 1800000.0
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Listed by Colliers International (Nan)
Data was last updated April 3, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $897,500
- Min list price:
- $23
- Max list price:
- $4,750,000
- Avg days on market:
- 114
- Min days on market:
- 2
- Max days on market:
- 344
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- MELISSA THIMOT
- COLDWELL BANKER OCEANSIDE REALTY
- 1 (250) 6862500
- Contact by Email
Coldwell Banker Oceanside Real Estate
Location
3194 Douglas Street
Victoria, BC, V8Z 3K6