BC Homes For Sale Victoria
D 486 Franklyn St
Na Old City
Nanaimo
V9R 2R5
$11.50 /sqft
Commercial Lease
- Status:
- For Lease
- Prop. Type:
- Commercial Lease
- MLS® Num:
- 1011518
- Photos (18)
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SUB-LEASE RATE is $11.50 per sq ft plus Triple Net for remaining term of original lease until Jan 31, 2027. 900 sq ft DT 2 zoned Commercial corner unit available for sub-lease on Franklyn Street near the Old City Quarter just outside the Downtown core. Exposure and access to the unit on 2 streets. Situated within other businesses, shopping, restaurants and easily accessible with parking available along both sides of Franklyn and Selby Street. The unit offers a private washroom, reception/entrance area, storage room, 2 offices and a front retail/work space. One on site parking spot available. Zoning allows for a variety of uses but the classified current use is E) “Mercantile occupancies” under the BC Building Code. Change of use available through the City of Nanaimo building permit process. Information Package Available.
- Property Type:
- Commercial Lease
- Type:
- Mixed Use
- Commercial Type:
- Building
- Lease Type:
- Absolute Net
- Additional Rent Per SqFt:
- 6.86
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Taxes:
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- Number of Storeys:
- 1
- Ceiling Heights:
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- Total Building Area:
- 900 sq. ft.83.6 m2
- Leasable Area:
- 900 sq. ft.83.6 m2
- Commercial Area:
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- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Pending Date:
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- Main Level
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Legal Description:
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- Zoning:
- DT2
- Lot Site Features:
- Corner Lot, Serviced, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Total Parking Spaces:
- 1
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Aug 19, 2025
- Original Price:
- 11.5
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Listed by REMAX Professionals
Data was last updated September 2, 2025 at 04:05 PM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.