About 931 Crace St
Well-maintained 10-unit rental apartment building at the edge of Nanaimo’s harbour and downtown core. Located at 931 Crace Street, the property offers immediate access to Port Place Mall and the new Hullo foot passenger ferry with 70-minute service to downtown Vancouver. The unit mix includes 7 one-bedroom units, 2 two-bedroom, and 1 three-bedroom. This unique character building is being offered at a strong cap rate although there is still significant upside potential upon tenant turnover. Situated in a growing, gentrifying neighbourhood, this is an excellent opportunity to acquire a solid income property with long-term growth potential. More information available.
Features of 931 Crace St
| MLS® # | 1012926 |
|---|---|
| Price | $2,700,000 |
| Square Footage | 9,637 |
| Acres | 0.30 |
| Year Built | 1928 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 931 Crace St |
|---|---|
| Area | Na Old City |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9R 2T4 |
Amenities
| View | City, Mountain(s), Ocean |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Fireplace | No |
Exterior
| Construction | Stucco |
|---|---|
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 3rd, 2025 |
|---|---|
| Days on Market | 52 |
Listing Details
| Office | Royal LePage Nanaimo Realty (NanIsHwyN) |
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