Long Lake Plaza

4890 Rutherford Road, Nanaimo, BC

Tetra Realty Advisors Inc. and Avison Young are pleased to present for sale Long Lake Plaza located at 4890 Rutherford Road, Nanaimo, BC (the “Subject Property”). The Subject Property offers a rare opportunity for investors to acquire a centrally located retail plaza with significant value-add potential. Positioned at the prominent intersection of Island Hwy N and Rutherford Rd., the Subject Property boasts excellent visibility, high vehicular traffic, and is located across from Nanaimo North Town Centre, the city’s main shopping destination. This central location makes it an ideal spot for residents and commuters for daily-needs services.

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Highlights

  • Long-Term Development Potential: The Subject Property is designated under Mixed- Use Corridor Land Use Plan, allowing for future mixed-use developments for up to 3-6 storeys, offering significant long-term value and growth potential for investors.
  • Over 37,000 SF Rentable Area: The Subject Property is comprised of two separate buildings and over 50 surface parking stalls.
  • Tenant Mix: Long Lake Plaza comprises of a well-diversified tenant mix featuring complimentary daily-needs retail services predominantly comprised of food and professional service tenants.
  • Value Add Opportunity: The 4,993 SF end-cap unit (CRU 1) is vacating, creating an opportunity to increase rental income by leasing it at competitive market rates.

Contacts

broker

Avison Young

Location

Getting Around

  • Walk Score ®

    5/100 Car-Dependent
  • Transit Score ®

    37/100 Some Transit
  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Nanaimo, BC
  • Neighborhood Wellington

Points of Interest

  • Nanaimo (Nanaimo Harbour)

    5.90 miles

  • Swiftsure Taxi

    6.17 miles

  • Electrify Canada

    0.94 miles

  • Petro-Canada

    1.16 miles

  • Husky

    1.18 miles

  • Chevron

    1.27 miles

  • Mobil

    1.54 miles

  • Tesla Supercharger

    1.67 miles

  • Co-op

    2.10 miles

  • Esso

    2.40 miles

  • ChargePoint

    5.37 miles

  • Benson Creek and Ammonite Falls North Parking Lot

    1.98 miles

  • Benson Creek and Ammonite Falls South Parking Lot

    2.13 miles

  • Chiropractor Parking

    3.05 miles

  • Witchcraft Lake Parking

    3.13 miles

  • Lantzville Pub Parking Lot

    3.15 miles

  • Lantzville Municipal Hall Parking

    3.18 miles

  • Lantzville Market Parking

    3.19 miles

  • Legion Parking Lot

    3.24 miles

  • Church Parking Lot

    3.30 miles

  • Mt Benson Parking

    3.33 miles

  • Inn on Long Lake

    0.82 miles

  • The Grand Nanaimo Hotel

    1.03 miles

  • Best Western Northgate Inn

    1.57 miles

  • Bethlehem Retreat Centre

    3.43 miles

  • Departure Bay Motel

    3.92 miles

  • Bluebird Motel

    4.62 miles

  • The Buccaneer Inn

    4.63 miles

  • Colonial Motel

    4.69 miles

  • Port-O-Call Inn & Suites

    4.86 miles

  • Ramada by Wyndham Nanaimo

    4.96 miles

  • Smokin' George's BBQ

    0.37 miles

  • Saigon Kitchen

    0.72 miles

  • Montana's

    0.83 miles

  • McDonald's

    0.85 miles

  • Subway

    0.95 miles

  • Boston Pizza

    1.07 miles

  • Cactus Club Cafe

    1.12 miles

  • A&W

    1.14 miles

  • Blue Ginger Restaurant

    1.16 miles

  • Browns Socialhouse

    1.40 miles

  • Nanaimo Language Centre

    0.91 miles

  • Mount Benson Elementary School

    1.08 miles

  • Pleasant Valley Elementary School

    1.16 miles

  • Randerson Ridge Elementary School

    1.35 miles

  • Uplands Park Elementary School

    1.55 miles

  • Dover Bay Secondary School

    1.90 miles

  • Wellington Secondary School

    1.96 miles

  • Syuẁén'ct Elementary School

    2.06 miles

  • Aspen Grove School

    2.09 miles

  • Rutherford Elementary School

    2.10 miles

  • 335 - Daycare

    5.08 miles

  • Nanaimo Innovation Academy

    5.97 miles

Frequently Asked Questions

How much does Long Lake Plaza cost?

The sale price for Long Lake Plaza is available upon request. Contact the listing broker for more information.

What is the total square footage of Long Lake Plaza?

Long Lake Plaza totals 37,102 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker

Avison Young

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