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3043 Barons Rd
7,417 SF 100% Leased Industrial Building Nanaimo, BC V9T 3Y6 $1,283,920 USD ($173 USD/SF) 3.11% Cap Rate
Investment Highlights
- Showroom area
- Retail section, cashier area, manager's office, washroom
- Functional warehouse
Executive Summary
Situated between the vibrant neighbourhoods of Wellington and Departure Bay, this property enjoys close proximity to the Country Club Shopping Centre. With its flexible COR3: Community Corridor Zoning, the subject property can accommodate a diverse range of business ventures.
Property Facts
| Price | $1,283,920 USD | Lot Size | 0.19 AC |
| Price Per SF | $173 USD | Rentable Building Area | 7,417 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 3.11% | Year Built | 1977 |
| Property Type | Industrial | Parking Ratio | 0.4/1,000 SF |
| Building Class | C |
| Price | $1,283,920 USD |
| Price Per SF | $173 USD |
| Sale Type | Investment |
| Cap Rate | 3.11% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.19 AC |
| Rentable Building Area | 7,417 SF |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 0.4/1,000 SF |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
This property boasts a generous 7,417 sq. ft. of space spread across two floors. On the ground floor, you'll find a well-designed split layout: 1,254 sq. ft. showroom area alongside a functional 4,465 sq. ft. warehouse. The warehouse features a workshop and storage space, while an additional 385 sq. ft. mezzanine area sits above it. The showroom is equipped with a retail section, cashiers' area, manager's office, and a washroom. The second floor with 1,314 sq. ft., two offices, a boardroom, and another washroom. Situated between the vibrant neighbourhoods of Wellington and Departure Bay, this property enjoys close proximity to the Country Club Shopping Centre. With its flexible COR3: Community Corridor Zoning, the subject property can accommodate a diverse range of business ventures.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,417 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 7,417 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 7,417 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
This property boasts a generous 7,417 sq. ft. of space spread across two floors. On the ground floor, you'll find a well-designed split layout: 1,254 sq. ft. showroom area alongside a functional 4,465 sq. ft. warehouse. The warehouse features a workshop and storage space, while an additional 385 sq. ft. mezzanine area sits above it. The showroom is equipped with a retail section, cashiers' area, manager's office, and a washroom. The second floor with 1,314 sq. ft., two offices, a boardroom, and another washroom. Situated between the vibrant neighbourhoods of Wellington and Departure Bay, this property enjoys close proximity to the Country Club Shopping Centre. With its flexible COR3: Community Corridor Zoning, the subject property can accommodate a diverse range of business ventures.
zoning
| Zoning Code | COR3 (Community Corridor) |
| COR3 (Community Corridor) |
Learn More About Investing in Industrial Properties
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3043 Barons Rd
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