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102 5281 Rutherford Rd
Na Uplands Nanaimo V9T 5N9

$1,285,000
Commercial Sale

Main Photo: 102 5281 Rutherford Rd in Nanaimo: Na Uplands Mixed Use for sale : MLS®# 985104
Photo 1: 102 5281 Rutherford Rd in Nanaimo: Na Uplands Mixed Use for sale : MLS®# 985104
Photo 2: 102 5281 Rutherford Rd in Nanaimo: Na Uplands Mixed Use for sale : MLS®# 985104
Photo 3: 102 5281 Rutherford Rd in Nanaimo: Na Uplands Mixed Use for sale : MLS®# 985104
Photo 4: 102 5281 Rutherford Rd in Nanaimo: Na Uplands Mixed Use for sale : MLS®# 985104
Photo 5: 102 5281 Rutherford Rd in Nanaimo: Na Uplands Mixed Use for sale : MLS®# 985104
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
985104
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, 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. w 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 restaurant include custom oak hardwood floor, a large crawl space for additional storage, and a sprinkler system covering both the restaurant 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. (measurements and data approximate and should be verified if important.)
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale Price, See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Uplands, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Taxes:
Building Features:
Shopping Nearby, Storage Room
Construction:
Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood
Foundation:
Concrete Perimeter
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Hardwood, Laminate, Mixed
Total Building Area:
1,902 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected, Sewer To Lot
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump
Fireplace:
No
Pending Date:
Inventory, See Remarks
Balcony/Deck, Garden, Low Maintenance Yard, Sign: Allowed, Sprinkler System
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
CC1
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Occupancy:
Partially Occupied
Utilities:
Natural Gas Connected
Lot Site Features:
Easy Access, Landscaped, Quiet Area, Recreation Nearby, Shopping Nearby
Parking Features:
On Site
Total Units:
Date Listed:
Jan 22, 2025
Original Price:
1285000.0
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Virtual Tour

Listed by eXp Realty (NA)
Data was last updated March 14, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$993,950
Min list price:
$23
Max list price:
$11,500,000
Avg days on market:
119
Min days on market:
2
Max days on market:
539
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.