UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,276 sqft
Price per Sqft $366
MLS Listing ID 1033639
HOA Y/N No
Annual Tax Amount $8,323
Tax Year 2025
Property Sub-Type Retail
Property Description
Gallery Row. The Property comprises two adjacent titled lots improved with a predominantly single-storey
retail building, offering strong street exposure and a diverse tenant mix.
The asset provides stable in-place income with additional upside through lease-up of one vacant unit. Located
within a vibrant downtown node, the Property benefits from consistent pedestrian activity and is supported by
significant nearby residential developments, including a 195-unit and a 163-unit project.
The building is listed on the City of Nanaimo Community Heritage Register, contributing to the character of the
Old City Quarter. Offered at $2,300,000, reflecting an approximate 5.69% stabilized cap rate. Further
information available upon execution of a confidentiality agreement.
Location
Province BC
County Nanaimo Regional District
Community Na Old City
Area Nanaimo
Zoning DT2
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Others
Ownership Freehold
Nearby School & Business
As markets shift, you need an agent with the right connections, technology and strategies to achieve your home buying or selling vision.
Whether you’re feeling overwhelmed and want someone to take the wheel, or you just need a second opinion and you have it covered, you can be rest assured a RE/MAX agent is the right agent for any level of service, in any market condition.
Get More Information
- Victoria, BC Homes for Sale
- Core Victoria, BC Homes for Sale
- Langford, BC Homes for Sale
- West Shore, BC Homes for Sale
- Peninsula, BC Homes for Sale
- Saanich East, BC Homes for Sale
- Saanich West, BC Homes for Sale
- Saanich, BC Homes for Sale
- North Saanich, BC Homes for Sale
- Central Saanich, BC Homes for Sale
- Sidney, BC Homes for Sale
- Victoria West, BC Homes for Sale
- Esquimalt, BC Homes for Sale
- Highlands, BC Homes for Sale
- View Royal, BC Homes for Sale
- Oak Bay, BC Homes For Sale
- Colwood, BC Homes for Sale
- Metchosin, BC Homes for Sale
- Sooke, BC Homes for Sale
- Malahat Area, BC Homes for sale
- All Homes Under $100,000
- All Homes $100,000-$200,000
- All Homes $200,000-$300,000
- All Homes $300,000-$400,000
- All Homes $400,000-$500,000
- All Homes $500,000-$600,000
- All Homes $600,000-$700,000
- All Homes $700,000-$800,000
- All Homes $800,000-$900,000
- All Homes $900,000-$1,000,000
- All Homes $1M-$2M
- All Homes $2M-$3M
- All Homes $3M+