9 hours on Market

102 5281 Rutherford Rd, Nanaimo, British Columbia V9T5N9

Condo
-
-
- sqft
$1,285,000
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Condo
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-
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,519/mo

Tax Amount ()-

Days On Market9 hours


Description

Welcome to 102-5281 Rutherford Rd, located in the sought-after ''Boardwalk at Rutherford.'' This impressive 1,902 sqft mixed-use commercial property offers versatility and opportunity. The lower level boasts a spacious 1,032 sqft restaurant space with two bathrooms, complete with patio seating, ideal for a range of dining experiences. On the upper floor, you'll find an 872 sqft 2-bedroom, 1-bathroom apartment, perfect for additional income or owner occupancy. The CC1 zoning allows for a multitude of uses, such as but not limited to a restaurant, retail, dental office, or veterinary clinic, making it a flexible investment. The restaurant space is heated and cooled by a high-efficiency heat pump, while the apartment has its own electrical meter and is heated by baseboard electric. Other notable features of the buulding include custom oak hardwood floor, a large crawl space for additional storage, and a sprinkler system covering both the restaurant, apartment, exterior patio space and crawl space. Parking is a breeze with two gravel parking lots and one paved lot, ensuring ample space for any type of business operation. An added bonus, the upper residential portion is taxed at the residential tax rates helping keep the taxes down. Located at the top of Rutherford Hill, this property enjoys plenty of drive-by traffic and is surrounded by high-volume businesses, providing organic foot traffic and visibility. Easy access to the highway further enhances the prime location of this unique commercial space. (Business is being sold separately) For additional information call or email Travis Briggs with eXp Realty at 250-713-5501 / travis@travisbriggs.ca (Video, floor plans, additional photos available at travisbriggs.ca & measurements and data approximate and should be verified if important.) (id:39198)


Property Details

StyleCommercial Mix
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number985104
Community NamePleasant Valley-Rutherford
Data SourceCREA
Listing byeXp Realty (NA)

Features

Heating: Baseboard heaters, Heat Pump
Cooling: Air Conditioned

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 22, 2025
ListedActive
$1,285,000
9 hours on market
history photo preview37
Listing by crea®
Property listed by eXp Realty (NA), Brokerage
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Population and Demographics

Overview

Total population 9629
Average household income $105,340

Age (%)

65 and plus
32%
50 to 64
19%
0 to 19
17%
35 to 49
17%
20 to 34
15%

Household composition (%)

Single family
60%
Single person
34%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
91%
Others
5%
Mandarin
1%
French
1%

House tenancy (%)

Owners
80%
Renters
20%

Schools and amenities

Estimated Budget

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