Just Listed
Address
471 Selby St, Nanaimo, BC
Price
$ 829,900
Property Attributes
  • MLS#1050319
  • TypeCommercial
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Old City
  • Postal CodeV9R 2R6
  • StyleMixed Use
  • Taxes$ 4993
  • Price$ 829,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2199
  • Lot Size0.21 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

Positioned in Nanaimo’s historic Old City, 471 Selby Street offers a unique opportunity for an owner-occupier, professional practice, creative business or investor. Zoned DT8 Mixed-Use, this character property offers 2,772 sq. ft. of finished space on an 8,944 sq. ft. lot. A major permitted renovation in 2018 included updated plumbing, electrical, insulation, windows, 200-amp service and engineer-approved structural upgrades. Soaring 14-foot ceilings and abundant natural light create an impressive space ideal for an office, studio or live/work setup. A heated detached garage with its own full bathroom adds flexibility and potential. DT8 zoning allows office, retail, daycare, restaurant, live/work, personal services and multiple-family residential uses, subject to City requirements. Walkable to downtown shops, cafés and the seawall, with Hullo Ferry and Harbour Air less than 10 minutes away, this is a rare opportunity to combine business, investment and lifestyle in Nanaimo.

General Features

Sewer Sewer Connected
Heating Baseboard,Electric
Cooling None
Zoning DT-8
Business Type Accommodation,Restaurant/Bar,Retail,Service,Other
Property Subtype Mixed Use
Property Type Commercial Sale
Parking Total 4
Construction Materials Frame Wood,Insulation All,Vinyl Siding
Commercial Area Downtown
Commercial Listing Type Building,Land

Interior Features

Flooring Carpet,Laminate,Mixed,Vinyl
Total Units 1

Exterior Features

Building Features Basement,High Traffic Area,Laundry Room,Parking,Public Restroom(s),Shopping Nearby,Storage Room,Transit Nearby,Visual Exposure,Workshop
Exterior Features Balcony/Deck,Balcony/Patio,Fencing: Full,Lighting
Lot Features Central Location,Level,Rectangular Lot,Shopping Nearby,Sidewalk,Southern Exposure
Water Source Municipal
Foundation Poured Concrete
Building Area Total 2199.00
Lot Size Square Feet 8944.00
Lot Size Acres 0.21
Parking Onsite YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V9R 2R6

Price
AVG $830K
$830K
Taxes
AVG $4,993
$4,993

Areas We Cover