Properties For Sale in Northfield Road, Nanaimo

This ground level 2,728 sq ft unit with plenty of parking situated on 13,614 sq ft of land offers a wide variety of uses that include, Personal care Facility, Day Care, Retail, Office, Pet Day Care, Vet Clinic and many more. The commercial space is move-in ready and is nicely improved with a spacious reception/service/showroom area, offices, boardroom, various work areas, storage, staff kitchen and washrooms, all which is fully equipped with heating and cooling. The property also features a large 1,598 sq ft 3 bed 2 bath residence on the upper floor which is currently rented for additional income.

This commercial property is zoned I3 high-tech industrial and is ideal for a variety of businesses. It features rear lane access and is located in a high-exposure area on the Northfield Road commercial corridor. The owner will be moving the business and will rent back the property for approximately 6 months after the sale. The land is 7778 square feet and the building is 2876 square feet.

Rare COR2 zoning, large 12,131 sqft lot, currently rented with approx 4.5% cap rate, monthly rental income of $4,250, multifamily or multi-purpose development potential, central location.

Features: Easy highway access, 2,346 SF, portable workstations, boardroom, secure storage room, washroom, double man door.

Additional info: Built in 1998, currently leased until September 2027. Measurements are approximate, please verify if important.

2104 Northfield Rd is a multifamily or multi-purpose development opportunity in Central Nanaimo, with rare COR2 zoning on a large 12,131 sqft lot. The property features a recently updated home generating a monthly rental income of $4,250.

The property offers convenient access to bus stops, restaurants, pubs, and grocery stores. It is also close to Forest Park Elementary, the Sea Air Float Plane Terminal, and the Departure Bay Ferry Terminal, providing easy access to the lower mainland. Additionally, its central position allows for quick access to both North Nanaimo and the Downtown Core.