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Mixed-use office complex sells for $1.5 million

Rutherford Ridge in Nanaimo features two commercial units and two residential suites
rutherford ridge
Rutherford Ridge is located in North Nanaimo.
 
Price: $1,475,000
No. of Units: 4
Property Size: 8,500 SF
Property Type: Office
Zoning: CC1
2015 B.C. Assessment Value: $1,456,000
Date of Sale: 09/29/16
City: Nanaimo
Province: B.C.
Name of Brokerage: Colliers International Nanaimo and Re/Max Nanaimo
 
A mixed-use building in Nanaimo’s Rutherford Ridge complex has sold for $1.5 million, in a joint brokerage between Colliers International Nanaimo and Re/Max Nanaimo. 
 
The building is comprised of two commercial and two residential units. Of the four units, only one is currently vacant and available for the buyer to rent or utilize. According to Colliers, the property features a “beautifully landscaped courtyard” and is described as a “boutique, open-air complex.” 
 
The building is located at 5279 Rutherford Rd. in North Nanaimo. 
 
 

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