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$1,795,000
British Columbia,Nanaimo
For Sale Active
25 Cavan St, Nanaimo, British Columbia V9R2T9
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Basic Details
Description

Acquire a stabilized investment property in the heart of Nanaimo’s Old City District. Situated prominently on the southeast corner of Cavan Street and Albert Street, this property is fully leased to Doane Grant Thornton LLP, providing secure income with a 5.10% cap rate. The current lease term runs until September 2026. Originally constructed in 1949 by the Provincial Government, the

building is a distinguished example of Streamline Moderne architecture and carries Heritage designation, underscoring its historical significance. Ample pay or permit parking available in 2 adjacent lots. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 1013945
  • Price: $1,795,000
  • Status: Active
  • Office Name: RE/MAX Camosun
  • Property Sub Type: Office
  • Office Key: 53078
Address Map
  • Location: CA, British Columbia, Nanaimo, V9R2T9
  • Street: Cavan
  • Street Number: 25
  • Street Suffix: Street
  • Longitude: W124° 3' 46.9''
  • Latitude: N49° 9' 46.6''
  • Zoning: Unknown
Additional Information
  • Lot Size Dimensions: 7007
Financial
  • Tax Annual Amount: 22091.89
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Listing updated: 2026-03-03 09:56:47
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Listing Information
  • List Agent Key: 2215990
  • List Office Key: 53078
  • Modification Timestamp: 2025-09-15T18:36:01Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2025-09-15T18:27:35Z
Powered by REALTOR.ca
Listing updated: 2026-03-03 09:56:48
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