83-87 Commercial St - Storefront Retail/Office FOR SALE


Nanaimo, BC V9R 5G3
$1,699,000 CAD
250-327-8988

NO PHOTO

$1,699,000 CAD
Storefront Retail/Office - FOR SALE
null | Request Cap Rate

83-87 Commercial St
Nanaimo, BC V9R 5G3


HIGHLIGHTS

  • Prominently located on Nanaimo’s historic Commercial Street in the heart of the downtown core.
  • Mixed-use building featuring two ground-floor commercial units and four professional office spaces on the second floor.
  • Convenient rear access and parking via Terminal Avenue, enhancing tenant and visitor accessibility.
  • Well-maintained property with a newer roof installed around 2017, reducing future maintenance costs.

OVERVIEW

Prominently located on Nanaimo’s historic Commercial Street, the Rogers Block is a well-known mixed-use building in the heart of the downtown core. The ground floor features two commercial units well suited for retail or service businesses, while the second floor offers four professional office spaces ideal for a variety of professional users seeking a central, high-visibility location. A convenient ground-level storage area adds additional functionality for tenants. Access and parking are available from 340 Terminal Avenue, improving overall accessibility for both tenants and visitors. The building also benefits from a newer roof installed around 2017, helping reduce future maintenance costs. With strong demand for downtown space and consistently high occupancy, the Rogers Block represents an excellent investment opportunity in one of Nanaimo’s most vibrant commercial districts.

FOR SALE DETAILS

PRICE

$1,699,000 CAD

PRICE/SF

$293 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,036 SF

ZONING

DT1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lee RobinsonRoyal LePage Nanaimo RealtyMore Info
250-327-8988

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Lee RobinsonRoyal LePage Nanaimo RealtyMore Info
250-327-8988

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.