NANAIMO CONDOS & TOWN HOMES $400-$500K
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1024752
- Year Built:
- 1954
- Photos (12)
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INVESTORS ALERT! Downtown Core Nanaimo, best price for a building in one of Canada's top rated cities. Owner may VTM finance! This high viz building offers strong HWY Exposure and a central position adjacent to city operated covered parkade offering plenty of parking. With about 3,600 sq ft over two levels, each floor offers up both separate entrances & bathrooms for max investors flexibility & owner occupiers. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining spaces. With steady income, long term equity potential, and Nanaimo's continued growth, this DT4 zoned building is attractively priced and represents one of the best value commercial opportunities in the downtown core area. Potential uses include office, retail, medical, restaurant, studio, service, and other commercial applications (subject to city approval) All measurements and permitted uses to be verified by the buyer if deemed important. Easy to show
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building
- Year built:
- 1954 (Age: 72)
- Lease Type:
- See Remarks
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 2,007 sq. ft.
- Taxes:
- Signup
- Building Features:
- High Traffic Area, Kitchen/Staff Room, Leasehold Improvements, Shopping Nearby, Transit Nearby, Visual Exposure, See Remarks
- Construction:
- Frame Metal, Insulation All, Steel and Concrete, Stucco, Wood
- New Construction:
- No
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Number of Storeys:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 3,100 sq. ft.
- Total Potential Area:
- 3,144 sq. ft.
- Leasable Area:
- 3,100 sq. ft.
- Commercial Area:
- Signup
- Subdivisable Area:
- Yes
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning, HVAC
- Heating:
- Electric, Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Leasehold Improvements, Real Estate
- Display Window, Low Maintenance Yard, Security System, Sign: Allowed, Sign: Dir Brd, Storefront, See Remarks
- City
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Other Equipment:
- Other Improvements
- Occupancy:
- Vacant
- Property Condition:
- Updated/Remodeled
- Utilities:
- Cable Available, Electricity Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available
- Lot Site Features:
- Central Location, Marina Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks
- Parking Features:
- On Site
- Road Frontage Type:
- Highway, Other
- Total Units:
- Signup
- Date Listed:
- Jan 27, 2026
- Original Price:
- 499000.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated August 21, 2026 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $949,500
- Min list price:
- $120,000
- Max list price:
- $15,900,000
- Avg days on market:
- 96
- Min days on market:
- 10
- Max days on market:
- 619
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- DEANA BAUMEL PREC
- REAL BROKER BC Ltd.
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX PROFESSIONALS
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca