A fully-leased office building in Nanaimo has sold for $7.95M, Colliers International reports.
The two-storey office building counts the BC Access Centre, the Nanaimo Law Courts Annex and the Ministry of Children and Family Development as tenants. The building is situated on a 52,097-square-foot lot, with a gross leasable area of 30,278 square feet. The property sold for approximately $2 million more than its assessed value of nearly $6 million.
The property is located 488 Albert St., Nanaimo.
Breakdown:
Price: $7,950,000
Lot Size: 1.2 acres
Property Type: Office
Zoning: DT7
2016 B.C. Assessment Value: $5,979,000
Date of Sale: 09/27/2017
City: Nanaimo
Province: B.C.
Name of Brokerage: Colliers International Nanaimo
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