BC > Nanaimo
Nanaimo, BC V9R 2T9,25 Cavan St
Nanaimo, BC V9R 2T9,25 Cavan St
Nanaimo, BC V9R 2T9,25 Cavan St
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Dallas King

Dallas King

+1(250) 858-5465
$1,795,000
Est. payment /mo
6,969 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1013945

Rental Info Unrestricted

Annual Tax Amount $22,091

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Office

Property Description

Acquire a stabilized investment property in the heart of Nanaimo's Old City District. Situated prominently on the southeast corner of Cavan Street and Albert Street, this property is fully leased to Doane Grant Thornton LLP, providing secure income with a 5.10% cap rate. The current lease term runs until September 2026. Originally constructed in 1949 by the Provincial Government, the building is a distinguished example of Streamline Moderne architecture and carries Heritage designation, underscoring its historical significance.

Ample pay or permit parking available in 2 adjacent lots.

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT9

Building

Building Description Concrete, High Traffic Area,Shopping Nearby,Transit Nearby

Structure Type Concrete

Others

Pets Allowed Yes

Tax ID 023-219-327

Ownership Freehold

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Listed by RE/MAX Camosun
Dallas King

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+1(250) 858-5465

dallas@victoriahomes.com

202-3440 Douglas St, Victoria, V8Z, 3L5, Canada

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