125 Wallace St, Nanaimo, BC V9R 5B2 | 870646 | Engel & Völkers Victoria

125 Wallace St $9,300,000

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    125 Wallace St Nanaimo, BC V9R 5B2

    • Commercial
    • Listing# 870646
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    Property Details

    27,261 square foot three - storey downtown office building with secured underground parking built by Windley Contracting Ltd. in 2008. One of only three LEED accredited office buildings in the City of Nanaimo. Awarded a VIREB Award of Merit for Commercial Building in 2008 and LEED Silver accreditation in 2012 for energy efficient design and enhanced indoor environmental quality. 2nd floor is fully occupied by the Provincial government. Two ground floor units and the 3rd floor available to be occupied. Designed by Chow Low Hammond Architects Inc. 125 Wallace Street is located on the west side of Wallace Street one property south of Campbell Street, in an area of established commercial development. The site is within blocks of Nanaimo's waterfront and Downtown core The property is close to all amenities and major ground transportation routes, the BC Ferry Terminals and downtown float plane terminals.

    • General Features
      • Mls Area Major Nanaimo
      • MLS Area Minor Na Old City
      • Property Sub Type Office
      • Tax Annual Amount 132471.22
      • Tax Assessed Value 7768000
      • Tax Assessed Year 2021
      • Tax Year 2020
      • Year Built 2008
      • Zoning DT3
    • Building Features
      • Construction Materials Concrete, Steel and Concrete
      • Cooling Air Conditioning, HVAC
      • Entry Location Main Level
      • Fireplace Y/N No
      • Heating Heat Pump
      • Number Of Units Total 0
      • Stories Total 3
    • Property Features
      • View Y/N No
      • Waterfront Y/N No

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    Neighborhood

    V9R 5B2 (Nanaimo) Demographics

    42 Median Age
    879 Population Density (per sq. mile)
    N/A College Educated
    $56,578 Estimated Median Income
    6,525 Estimated Total Home Owners
    11,915 Estimated Total Renters
    64% / 35% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    28,665 Total Population
    Community data courtesy of LiveBy, Inc.

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $9,300,000
    3/24/2021 10:11:00 AM New in Database Source: Multiple Listing Service New Value: $9,300,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.