Property Description

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.

Address Map
McGarrigle Road
2231
V9S 4M5
0
W124° 1' 2.9''
N49° 11' 38.4''

Industrial Revenue Opportunity

2231 McGarrigle Road, Nanaimo, BC, Canada

26,571 Sqft
C$1,890,000
Listing ID #1512
Basic Details
Property Type : Industrial
Listing Type : Opportunity
Listing ID : 1512
Price : C$1,890,000
View : Riverfront
Square Footage : 26,571 Sqft
Year Built : 1975
Contact Agent
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