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For Lease · Office

103 75 Front St, Nanaimo

103 75 Front St, Nanaimo, BC V9R5H9

$13 per sq ft / yr

1,107 SF

Asset Class

Office

Size

1,107 SF

Building class

Zoning

CO — Commercial Office

$ / SF

Occupancy

91%

Year Built

1928

About this property

Ground floor commercial unit in a two-storey building in downtown Nanaimo, conveniently located across from harbour transportation and within easy walking distance of the waterfront and seaplane terminal. The 1,107 sq. ft. space offers one large open area and two private offices, providing a practical layout for a variety of office, service or professional uses. Recently renovated with new paint and LED lighting. Close to the courthouse, public transit and the downtown core, with the amenities and services of downtown Nanaimo nearby. Available February 1, 2027. Additional rent estimated at $13.33 per sq. ft (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$13

Down payment30% · $4

Interest rate6.25%

Amortization25 years

Occupancy91%

Expense growth2.5%

Monthly debt service

Projected NOI

Annual cash flow

Cash-on-cash

4.86%

DSCR

1.26

Going-in cap

7.00%

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)

Tenant	Suite	Area	Rent / SF	Expiry
Blue Harbour Design	130	507 SF	$41.96	2027-07
Blue Harbour Design	130	400 SF	$11.08	2027-07
Blue Harbour Design	120	400 SF	$41.72	2028-07
Blue Harbour Design	120	400 SF	$41.84	2028-07

Area demographics

Trade area within 3 miles of the property.

Population

87,494

Households

37,315

Median income

$91,000

Median age

41.5

Daytime population

110,686

5-yr growth

1.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 103 75 Front St, 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.