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7184 Lantzville Rd 2,034 SF 100% Leased Office Building Lantzville, BC V0R 2H0 $1,318,073 USD ($648.02 USD/SF)
Investment Highlights
- Mixed-use building of 3,128 sq ft over two floors
- Strategic location with high visibility, on main thoroghfare
- easy conversion from office to partial residential and/ or retail space
- Idyllic sea-side village adjacent to the main commercial centre of Vancouver Island, British Columbia
Executive Summary
The property is strategically located in the Village Centre of Lantzville, a seaside community experiencing steady growth due to its proximity to North Nanaimo's amenities and its desirable quality of life. This mixed use, commercial building currently operating with a dental practice on the ground floor with additional demised space for expansion or a second ground-floor tenant. The second floor is configured as a two-bedroom residential suite. This is currently used as general-office space.
The property benefits from a strategic location with high visibility on a main thoroughfare and is zoned for commercial use, allowing for a variety of professional services. Its modern renovations, ample on-site parking, and prominent signage make it a valuable commercial asset in the growing community of Lantzville.
The property benefits from a strategic location with high visibility on a main thoroughfare and is zoned for commercial use, allowing for a variety of professional services. Its modern renovations, ample on-site parking, and prominent signage make it a valuable commercial asset in the growing community of Lantzville.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,034 SF
Building Class
C
Year Built/Renovated
1989/2009
Price
$1,318,073 USD
Price Per SF
$648.02 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,017 SF
Building FAR
0.19
Lot Size
0.25 AC
Zoning
Village Centre - Permitted uses include: Apartment, Assembly, Commercial Training, Financial Services, Health Services, Office, Personal Services, Retail, and others.
Parking
16 Spaces (7.87 Spaces per 1,000 SF Leased)
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7184 Lantzville Rd
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