Approximately 13,000 Sq. Ft. of leasable area. Asphalt paved yard with 33 parking stalls situated on the corner of two busy streets and located in Northfield Industrial Park Nanaimo. Official Community Plan designates the area as light industrial for long term continuation of exiting use. Large pylon sign on the corner provides tenants with terrific exposure and helps maintain full occupancy of the property. Older Phase 1 Report (2001) indicates no environmental issues associated with the property.
CIVIC ADDRESS
2231 McGarrigle Road, Nanaimo, BC
LEGAL DESCRIPTION
Lot 1, Section 18, Range 8, Mountain District, Plan 14773 Except Those Parts in Plans 22071 and 24912 PID: 004-268-636
LAND AREA
26,571 Sq. Ft.
IMPROVEMENTS
13,402 Sq. Ft.
IMPROVEMENTS
Main Floor: 11,026 Sq. Ft.
Second Floor: 2,376 Sq. Ft.
Total GBA: 13,402 Sq. Ft.
ZONING
I-1 (Highway Industrial)
TAX ASSESSMENT
2020
Land: $596,000
Improvements: $927,000
Total: $1,523,000
GROSS TAXES
2018: $29,140.42
AGE
According to the Assessment Authority the complex was built in 1975.
YARD
Site includes a large, asphalt paved parking lot (+/- 12,395 Sq. Ft.) with +/- 33 parking spots. Surrounding the subject building is approx. 1,975 Sq. Ft. of concrete walkways.
