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202 1 Commercial St
Na Central Nanaimo Nanaimo V9R 5J8

$25 /sqft
Commercial Lease

Main Photo: 202 1 Commercial St in Nanaimo: Na Central Nanaimo Retail for lease : MLS®# 997621
Photo 1: 202 1 Commercial St in Nanaimo: Na Central Nanaimo Retail for lease : MLS®# 997621
Photo 2: 202 1 Commercial St in Nanaimo: Na Central Nanaimo Retail for lease : MLS®# 997621
Photo 3: 202 1 Commercial St in Nanaimo: Na Central Nanaimo Retail for lease : MLS®# 997621
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
997621
STREET FRONT ON WALLACE! William Wright Commercial is pleased to present the opportunity for local Island businesses to join the downtown Nanaimo core and experience an elevated retail experience with ample exposure and an opportunity to join a new indoor marketplace. Formerly known as Nanaimo’s a&b sound flagship, SOUNDWØRKS has been transformed into a mix of commercial and street-front retail that seamlessly blends indoor and outdoor spaces together. A growing destination for young families, working professionals and students alike, SOUNDWØRKS sits as the gateway to Downtown Nanaimo, and is within close proximity to Old City Quarter and Waterfront. Ideally positioned at the busy downtown intersection of Commercial Street, Terminal Avenue, and Wallace Street, the site is easily accessible by car, transit, cyclists, and pedestrians.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Lease Type:
See Remarks
Additional Rent Per SqFt:
15.0
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Taxes:
Ceiling Heights:
Total Building Area:
2,485 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
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:
Units in Building:
Units in Community:
Occupancy:
Vacant
Parking Features:
On Site
Total Units:
Date Listed:
May 03, 2025
Original Price:
25.0
  • Photo 1: 202 1 Commercial St in Nanaimo: Na Central Nanaimo Retail for lease : MLS®# 997621
    Photo 1 of 3
  • Photo 2: 202 1 Commercial St in Nanaimo: Na Central Nanaimo Retail for lease : MLS®# 997621
    Photo 2 of 3
  • Photo 3: 202 1 Commercial St in Nanaimo: Na Central Nanaimo Retail for lease : MLS®# 997621
    Photo 3 of 3
Listed by William Wright Commercial Real Estate Services
Data was last updated August 31, 2025 at 12:05 PM (UTC)
DEANA BAUMEL PREC
MICHAEL PETERSON PREC
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.