Bought with Michael Guan Sutton Group-West Coast Realty (Nan)
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499 Wallace St Nanaimo, BC V9R 5B7
4,608 SqFt
Key Details
Sold Price -
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,608 sqft
MLS Listing ID 919016
Sold Date -
HOA Y/N No
Year Built 1912
Annual Tax Amount $7,749
Tax Year 2020
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Property Description
The Merchant's Bank of Canada building is a two-story, Free Renaissance styled Heritage building located on a prominent corner in downtown Nanaimo. The architect for the BC Legislature and Empress Hotel in Victoria designed this landmark. The building was completely renovated 2004-2006, and in 2022 installed a completely new roof and all new HVAC system. It has the main floor with high ceilings and the Vault Coffee/Bar the popular local favourite reside here. Upstairs has 7 rooms, two bathrooms and kitchen/staff room area with 5 large windows and 5 skylights. Upstairs is ideal for medical/ dental /lawyer office or any one company to use the space if owner operator looking to land a prime downtown location in the Nanaimo's Old City. Steps to city hall, the conference centre, float plans, helijet are all minutes walk away from this landmark location. With the heritage status of the building there are cost sharing programs with the city of Nanaimo to take advantage of. Don't miss out!
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Zoning dt-7
Interior
Heating Heat Pump, Natural Gas
Cooling HVAC
Flooring Mixed
Fireplace No
Exterior
Exterior Feature Display Window
Utilities Available Natural Gas Connected
View Y/N true
View City, Ocean
Street Surface Paved
Garage No
Building
Lot Description Central Location, Corner Lot, Curb & Gutter, Serviced, Shopping Nearby, Sidewalk
Sewer Sewer Connected
Others
Ownership Freehold
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”