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Listed by Connor Braid JBW Commercial Inc.
$4,980,000
Est. payment /mo
10,594 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,594 sqft
Price per Sqft $470
MLS Listing ID 1050758
HOA Y/N No
Year Built 1930
Annual Tax Amount $54,521
Tax Year 2026
Lot Size 2.720 Acres
Acres 2.72
Property Sub-Type Retail
Property Description
7197 Lantzville Road is a 2.72-acre development site improved with a 10,594 sq ft commercial building at the centre of the Lantzville Village Core. Zoned Village Commercial, allowing up to 2.0:1 FAR, 100% maximum parcel coverage, and 3 storeys max height (south of Lantzville Road). The building is fully tenanted across three tenancies, providing holding income to December 2028. The pub premises comprise +/- 5,800 sq ft across the main, lower and upper floors, including a covered ocean-view patio and a full commercial kitchen. A +/- 2,700 sq ft liquor store on the lower floor is leased to Mid-Island Co-op Liquor Store, and a self-contained 2-bed, 1,700 sq ft residential suite occupies the upper floor and loft. This offering is real estate only; the pub and liquor store businesses are not for sale.
Location
Province BC
County Lantzville, District Of
Community Na Lower Lantzville
Area Nanaimo
Zoning VC - Village Commercial
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Garage No
Others
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
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