102 5281 Rutherford Rd

102 5281 Rutherford Rd · Nanaimo · Commercial Mix · $1,235,000 · MLS 1039798

Nanaimo, British Columbia

C$1,235,000

For sale

102 5281 Rutherford Rd is located in Nanaimo. Property snapshot: Commercial Mix, listed at $1,235,000, MLS 1039798. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 3. Latest recorded list price 1235000.00.

List Price: $1,235,000

MLS: 1039798

Days on Site: 3

Price History: Latest recorded list price 1235000.00

Local Decision Guide

How should buyers evaluate 102 5281 Rutherford Rd?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?

Recent comparable sales, competing active listings, days on market, price changes and current market pace.
Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.

How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 102 5281 Rutherford Rd?

This page shows a list price of $1,235,000 with MLS 1039798.

What type of home is this Nanaimo listing?

The page shows Commercial Mix at 102 5281 Rutherford Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 3 days on market/site. Latest recorded list price 1235000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

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Remarks

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 / [email protected] (Video, floor plans, additional photos available at travisbriggs.ca & measurements and data approximate and should be verified if important.) (id:56153)