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$1.8M total
4,310 SF
Asset Class
Office
Size
4,310 SF
Building class
A
Zoning
CB2 — Central Business
$ / SF
$418
Occupancy
93%
Year Built
2011
Rare owner-user opportunity in Nanaimo’s highly sought-after north end. Premium mixed-use properties of this calibre rarely come available in the prestigious Rutherford Ridge complex. This exceptional CC1 zoned property combines approximately 3,159 sq.ft. of high-end professional space with a beautifully appointed 1,151 sq.ft. residential condo, all under one title—offering the ultimate live/work flexibility for business owners, investors, or professionals seeking convenience and long-term value. The commercial component features a welcoming reception area, multiple offices, washrooms, loft/balcony space, and an impressive 868 sq.ft. studio area adaptable to a wide range of professional or creative uses. The residential suite includes 2 bedrooms, 2 bathrooms, and separate hydro/water meters, creating excellent flexibility for personal occupancy or supplemental rental income. Backing onto peaceful green space, this property offers outstanding curb appeal, ample parking, easy access, and a quiet professional setting that will impress clients, tenants, and owners alike. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$109K
Annual cash flow
$9K
Cash-on-cash
1.67%
DSCR
1.09
Going-in cap
6.04%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 2,148 SF | 2034-10 |
| Meridian Health Group | 1,877 SF | 2034-10 |
Trade area within 3 miles of the property.
Population
114,108
Households
46,387
Median income
$73,000
Median age
39.3
Daytime population
153,856
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5271 Rutherford Rd, Nanaimo.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.