Our Agents' Listings
499 Wallace St
Na Old City
Nanaimo
V9R 5B7
$1,175,000
Commercial Sale
built: 1912
- Status:
- Sold
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 919016
- Sold Date:
- Mar 21, 2023
- Year Built:
- 1912
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!
- Price:
- $1,175,000
- Property Type:
- Commercial Sale
- MLS® Num:
- 919016
- Status:
- Sold
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Larger map options:
Listed by 460 Realty Inc. (NA), sold on March, 2023
Data was last updated December 11, 2023 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 32
- Avg list price:
- $960,000
- Min list price:
- $15
- Max list price:
- $4,880,000
- Avg days on market:
- 126
- Min days on market:
- 14
- Max days on market:
- 383
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- Jay Deleskie
- 460 Realty Inc. (NA)
- 250-618-6797
- Contact by Email
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.