25 Cavan St Nanaimo, British Columbia V9R 2T9
$1,795,000
Acquire a stabilized investment property in the heart of Nanaimo’s Old City District. Situated prominently on the southeast corner of Cavan Street and Albert Street, this property is fully leased to Doane Grant Thornton LLP, providing secure income with a 5.10% cap rate. The current lease term runs until September 2026. Originally constructed in 1949 by the Provincial Government, the building is a distinguished example of Streamline Moderne architecture and carries Heritage designation, underscoring its historical significance. Ample pay or permit parking available in 2 adjacent lots. (id:49203)
Property Details
| MLS® Number | 1013945 |
| Property Type | Office |
| Neigbourhood | Old City |
| Plan | Vip62150 |
Building
| Size Exterior | 6802 Sqft |
| Type | Offices |
Land
| Acreage | No |
| Size Irregular | 7007 |
| Size Total | 7007 Sqft |
| Size Total Text | 7007 Sqft |
| Zoning Description | Dt9 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28864126/25-cavan-st-nanaimo-old-city
Contact Us
Contact us for more information
John Macdonald
Personal Real Estate Corporation
(250) 744-3904
(800) 663-2121
bccommercialsolutions.ca/
linkedin.com/in/john-macdonald-personal-real-estate-corporation-8069322b
4440 Chatterton Way
Victoria, British Columbia V8X 5J2
(250) 744-3301
(800) 663-2121
(250) 744-3904
www.remax-camosun-victoria-bc.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 15 2025 06:27:35
Victoria Real Estate Board
RE/MAX Camosun