For Sale · Office

5271 Rutherford Rd, Nanaimo

5271 Rutherford Rd, Nanaimo, BC V9T5N9

$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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.80M
Down payment30% · $540K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group2,148 SF2034-10
Meridian Health Group1,877 SF2034-10

Area demographics

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.

Secure deal room

Confidential diligence documents for 5271 Rutherford Rd, Nanaimo.

NDA required
  • 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.