7197 Lantzville Rd, Lantzville, BC V0R 2H0
7197 Lantzville Rd, Lantzville, BC V0R 2H0
7197 Lantzville Rd, Lantzville, BC V0R 2H0
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Listing by Connor Braid JBW Commercial Inc.
$4,980,000
Est. payment /mo
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10,594 SqFt
New

7197 Lantzville Rd Lantzville, BC V0R 2H0

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 10,594 sqft

Price per Sqft $470

MLS Listing ID 1050758

HOA Y/N No

Year Built 1930

Annual Tax Amount $54,521

Tax Year 2026

Lot Size 2.720 Acres

Acres 2.72

Property Sub-Type Retail

Property Description

7197 Lantzville Road is a 2.72-acre development site improved with a 10,594 sq ft commercial building at the centre of the Lantzville Village Core. Zoned Village Commercial, allowing up to 2.0:1 FAR, 100% maximum parcel coverage, and 3 storeys max height (south of Lantzville Road). The building is fully tenanted across three tenancies, providing holding income to December 2028. The pub premises comprise +/- 5,800 sq ft across the main, lower and upper floors, including a covered ocean-view patio and a full commercial kitchen. A +/- 2,700 sq ft liquor store on the lower floor is leased to Mid-Island Co-op Liquor Store, and a self-contained 2-bed, 1,700 sq ft residential suite occupies the upper floor and loft. This offering is real estate only; the pub and liquor store businesses are not for sale.

Location

Province BC

County Lantzville, District Of

Community Na Lower Lantzville

Area Nanaimo

Zoning VC - Village Commercial

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Others

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance


NEARBY SCHOOLS & PROPERTIES

Initium Real Estate Ltd

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A 4B1

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7197 Lantzville Rd