The property sold for over $8 million and is currently fully leased
Colliers International Nanaimofor Western Investor
November 23, 2016
Lot Size: 32,830 SFL
Property Type: Office
2015 B.C. Assessment Value: $5,136,000
Date of Sale: 07/16/16
Name of Brokerage: Colliers International Nanaimo
A 5-storey office building in downtown Nanaimo has sold for its full asking price at $8,050,000, Colliers brokers Brad Bailey and Jason Winton report.
The fully-leased Vancouver Island property boasts green construction and has fantastic views of the ocean. The office building is 35,000 square feet and sold for nearly $3 million above its most recent assessed value.
The property is located at 345 Wallace St. in Nanaimo.
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