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OLD CITY REAL ESTATE IN NANAIMO

Nanaimo’s Old City is the historic core of the city and site of the earliest habitation in the area. As the city grew up around the coal mines and logging industry and the docks that allowed these resources to be shipped, people migrated to Nanaimo and built homes for themselves. In keeping with its history, the neighborhood features many homes and areas that harken back to the city’s boomtown roots. Old City real estate features harbor views, character homes, and proximity to the hip, trendy boutique shops and cultural experiences that give the area its flavor and vibrancy.

OLD CITY HOMES & CONDOS FOR SALE

Nanaimo’s Old City offers an enticing mix of classic older homes and brand new ocean view condos. Even though the Old City homes for sale are situated on just over 20 square blocks, the variety on offer here makes it a highly desirable place for newcomers to the area to settle down. The broad tree-lined streets showcase gorgeous craftsman bungalows on smaller lots, and the overall atmosphere is welcoming and community focused.

Near the inner harbor, there are highly sought-after condo developments that overlook the beautiful marina. Alongside the water is a scenic seawall that stretches almost all the way to the ferry terminal and provides a great space for walking, biking, or fishing off the private pier. Spend enough time here and you may have an up-close encounter with a curious harbor seal.

LIFE AND CULTURE IN AN OLD CITY PROPERTY

Nanaimo’s Old City forms the cultural core of the city as much as the geographical one. The Old City area is home to numerous live music venues including the Vancouver Island Conference Center and the Port Theatre.  Live Music and spring/summer festivals offer a variety of exciting entertainment options.  Historic structures like the famous Nanaimo Bastion add to the sense of place and antiquity that underlies the buzzing energy of a modern metropolitan downtown core.

Small ferries and water taxis give quick access to Newcastle, Protection or Gabriola islands, all locations that are perfect for a day spent exploring parks and quaint craft and artisan stores that the Gulf Islands are known for. In the other direction, you’re just a short drive out of town from the scenic Nanaimo lakes and hiking on Mount Benson, where breathtaking panoramic views of the Georgia Strait are your reward for your effort.  Life in your own piece of Old City real estate will always be filled with possibility.

OLD CITY - DOWNTOWN LISTINGS

Old City - Downtown Listings

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  • 15 Front St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 935020

    15 Front St Na Old City Nanaimo V9R 5H9
    Main Photo: 15 Front St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 935020

    15 Front St Nanaimo V9R 5H9 Na Old City

    $4,880,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    935020
    Fabulous investment opportunity More details
    Listed by Parallel 49 Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 351 Wesley St in Nanaimo: Na Old City Single Family Residence for sale : MLS®# 935493

    351 Wesley St Na Old City Nanaimo V9R 2T5
    Main Photo: 351 Wesley St in Nanaimo: Na Old City Single Family Residence for sale : MLS®# 935493

    351 Wesley St Nanaimo V9R 2T5 Na Old City

    $1,699,000
    Residential
    Status:
    Active
    MLS® Num:
    935493
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,135 sq. ft.
    A true gem of a property in the Old City Quarter waiting for a savvy business owner to live and work in one amazing location! The property includes a completely renovated heritage home with 425 sq/ft of commercial space and 775 sq/ft of residential living space. The property zoning allows for another commercial structure and/or food truck. The property is fenced with a commercial grade patio in front for restaurant patrons and/or food/product sales. The basement is unfinished and allows for product/business storage with easy outdoor access. The location allows for street parking for patrons and 2-car parking onsite. The property is nestled between well-known restaurants on Wesley Street. The Nanaimo shopping and waterfront surround this location - don't miss this opportunity to live and work in Nanaimo! More details
    Listed by PG Direct Realty Ltd.
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 347 Wesley St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 948598

    347 Wesley St Na Old City Nanaimo V9R 3A7
    Main Photo: 347 Wesley St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 948598

    347 Wesley St Nanaimo V9R 3A7 Na Old City

    $1,899,998
    Commercial Sale
    Status:
    Active
    MLS® Num:
    948598
    Investment Property Opportunity! Purchase this fully leased building showing a great annual return of $102,000.00 with a Cap rate over 5% at the asking price. With a 5-year lease & options to renew lasting until 2043. The building is situated in Nanaimo’s Vibrant Old City Quarter area and is occupied by one of the city’s most popular award-winning restaurants “Asteras Greek Taverna.” The building was raised and renovated in 1996 with further renovations in 2008 to its current operation. There is a 2-bedroom, 2-bathroom apartment on the top floor which is rented month to month. The building is set back on the lot allowing parking in the front and on the street. The 2-level building is +/- 3405 square feet in size plus a basement storage area. The owner states the roof is newer and is a hands-off operation. “Please do not disturb the tenant and business operation!” Call for further details and information. All measurements and data is approximate and to be verified if important. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 1 CLS St in Nanaimo: Na Old City Business for sale : MLS®# 951162

    1 CLS St Na Old City Nanaimo V6B 5G3
    Main Photo: 1 CLS St in Nanaimo: Na Old City Business for sale : MLS®# 951162

    1 CLS St Nanaimo V6B 5G3 Na Old City

    $280,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    951162
    Introducing an amazing restaurant opportunity in the heart of Nanaimo. The establishment has gained a solid reputation amongst the food and drink loving locals and visitors resulting in amazing reviews on TripAdvisor, Yelp, etc. The owners have decided to move on to their next venture and offer this turnkey opportunity to a new owner. The business offers a capacity of nearly one hundred. There is a realistic opportunity to increase sales by offering delivery, breakfast and possibly catering. You cannot go wrong by investing in this thriving business in Nanaimo! Take the leap and enjoy the lifestyle and rewards that restaurant ownership and Nanaimo have to offer! Please do not approach anyone on the premises without a booked appointment and an agent present. All prospective purchasers are required to complete and sign a confidentiality agreement. Contact the listing agent to book a private showing. More details
    Listed by Pemberton Holmes Ltd. (Pkvl)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 687 Albert St in Nanaimo: Na Old City Business for sale : MLS®# 952074

    687 Albert St Na Old City Nanaimo V9R 2W3
    Main Photo: 687 Albert St in Nanaimo: Na Old City Business for sale : MLS®# 952074

    687 Albert St Nanaimo V9R 2W3 Na Old City

    $1,400,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    952074
    Business opportunity awaits, DBA Superette Foods, Beaufort Enterprises Limited are ready for new owners. Current owner retiring this includes Land, Building & Business & most equipment is included. This well-established business has been a staple of the downtown Community for decades. A Steady Business with consistent sales, a great little grocery store with meat department, produce section both in and outside, dairy, groceries and some daily household items, this is a great local store that’s has that family feel. Located on a strategic corner with parking loading bay, walk in coolers, some storage for inventory, upstairs offers a suite, currently occupied. This is a turnkey operation. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 33/39/45 Victoria Cres in Nanaimo: Na Old City Retail for sale : MLS®# 953052

    33/39/45 Victoria Cres Na Old City Nanaimo V9R 5B9
    Main Photo: 33/39/45 Victoria Cres in Nanaimo: Na Old City Retail for sale : MLS®# 953052

    33/39/45 Victoria Cres Nanaimo V9R 5B9 Na Old City

    $949,900
    Commercial Sale
    Status:
    Active
    MLS® Num:
    953052
    Investment Opportunity in Downtown Nanaimo Core! Don't miss out on the chance to acquire three iconic landmarks located at #33, #39, and #45 Victoria Cres in the bustling Downtown Nanaimo Core. This highly sought-after property boasts high exposure, fronting two streets, Cavan Street and Victoria Crescent, in the heart of Nanaimo's downtown core. Perfect for developers or investors, this property offers immense potential as a development or holding property. Benefit from its prime location, attracting substantial foot traffic and a high volume of vehicles, ensuring exceptional visibility and exposure for any business venture. Please note that all measurements provided are approximate and should be verified if deemed important. Additionally, taxes and lot sizes are combined for listing purposes. These three properties are to be sold together as either an asset or share sale, maximizing their value and potential. Contact Listing Agent for more details. More details
    Listed by eXp Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 103 648 Terminal Ave in Nanaimo: Na Old City Business for sale : MLS®# 953125

    103 648 Terminal Ave Na Old City Nanaimo V9R 5E2
    Main Photo: 103 648 Terminal Ave in Nanaimo: Na Old City Business for sale : MLS®# 953125

    103 648 Terminal Ave Nanaimo V9R 5E2 Na Old City

    $58,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    953125
    Located in the Downtown Nanaimo shopping center Port Place, the is a long-term established hair salon business, started in 2014. The salon has around 1700 square feet area which is enough for eight or nine barbers or/and hardressers to work. It can be either an owner-operated business hiring other barbers / hairdressers or the owner renting out chairs to other barbers/hairdressers. The sale of the business includes all the equipment and it is a completely turn-key business without any additional investment for renovation and equipment. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 205 335 Wesley St in Nanaimo: Na Old City Office for lease : MLS®# 955875

    205 335 Wesley St Na Old City Nanaimo V9R 1T5
    Main Photo: 205 335 Wesley St in Nanaimo: Na Old City Office for lease : MLS®# 955875

    205 335 Wesley St Nanaimo V9R 1T5 Na Old City

    $16 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    955875
    Wesley Square is situated on the premier street of Nanaimo’s well-known "Old City Quarter". This office is situated around a central courtyard in a unique building designed with old city charm and architectural detail. Wesley Square is conveniently located among alluring shops and many of the city’s finest restaurants. Boasting a well treed, beautifully landscaped courtyard, and secured underground parkade, the ambiance provides for a pleasant and secure working and shopping experience. Wesley Square features modern heating and air conditioning and many offices have opening windows for extra comfort. With access to high speed fibre based internet and a short five minute walk to the Seaplane Terminal and City Hall just ½ a block away, Wesley Square is very well connected. This space is very open and bright and features a city and partial ocean view. Book your viewing today! Ask about incentives! More details
    Listed by William Wright Commercial Real Estate Services
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 201 Milton St in Nanaimo: Na Old City Office for lease : MLS®# 956835

    201 Milton St Na Old City Nanaimo V9R 2K5
    Main Photo: 201 Milton St in Nanaimo: Na Old City Office for lease : MLS®# 956835

    201 Milton St Nanaimo V9R 2K5 Na Old City

    $4,000 /mth
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    956835
    GROSS LEASE RATE of $4000.00/month, this standout professional office covers 1500 sqft in the desirable DT10 zone, making it an exceptional match for business/professional offices or a collective of counselors/practitioners. It boasts four spacious offices, additional workstations, a kitchen, an accessible bathroom, and a welcoming entry area. Tenant will enjoy exclusive access to the entire ground floor, including ample parking and a generously sized landscaped property, thereby enhancing the work environment with greenery. This property represents an unparalleled opportunity for professionals seeking to elevate their business in a meticulously kept space. For those poised to make a significant upgrade to their professional setting, this listing offers not just a new office but sets a new benchmark in workplace excellence. Discover the full potential of this unique space by reaching out to the listing agent for further information. More details
    Listed by eXp Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 2A 91 Front St in Nanaimo: Na Old City Business for sale : MLS®# 956594

    2A 91 Front St Na Old City Nanaimo V9R 5H9
    Main Photo: 2A 91 Front St in Nanaimo: Na Old City Business for sale : MLS®# 956594

    2A 91 Front St Nanaimo V9R 5H9 Na Old City

    $149,950
    Commercial Sale
    Status:
    Active
    MLS® Num:
    956594
    Located in the heart of Nanaimo's vibrant harbourfront, Elizabeth's Lingerie presents a rare opportunity for discerning entrepreneurs. An established business for 19 years, this boutique specializes in high-quality lingerie, offering a curated selection that caters to ladies over 40. With its central harbour-side location and emphasis on personalized service, Elizabeth's Lingerie has cultivated a loyal customer base. The listing price includes approximately $190,000 worth of inventory at wholesale cost, making this a solid opportunity for investors with an interest in the retail sector. Please do not approach any staff on site. Contact the listing agent or your commercial real estate agent for more information. More details
    Listed by Pemberton Holmes Ltd. (Pkvl)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 205 38 Front St in Nanaimo: Na Old City Condo for sale : MLS®# 961394

    205 38 Front St Na Old City Nanaimo V9R 0B8
    Main Photo: 205 38 Front St in Nanaimo: Na Old City Condo for sale : MLS®# 961394

    205 38 Front St Nanaimo V9R 0B8 Na Old City

    $434,900
    Residential
    Status:
    Active
    MLS® Num:
    961394
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    744 sq. ft.
    Welcome to Downtown Living at Pacifica on the waterfront! This stunning 1 bedroom condo features an open-concept floor plan with floor-to-ceiling windows and a large SW-facing deck that gets plenty of sunshine. This unit features upscale stainless steel appliances and gorgeous granite counters in the kitchen and bath. Recent updates include new warm and inviting hardwood floors, new paint, new baseboards, and an incredible new live-edge mantle over the fireplace. This unit features a walk-in closet, in-unit laundry, a parking spot and a storage locker. This home is in the heart of thriving downtown Nanaimo, walking distance to restaurants, live theatre, shopping, the marina and the Nanaimo Harbour Sea Planes terminal - for 20-minute travel to Vancouver. This home is perfect for professionals, retirees, 2nd homeowners and investors. You have to see this one for yourself! Please verify measurements if important. More details
    Listed by eXp Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 175 & 199 Fraser St in Nanaimo: Na Old City Retail for sale : MLS®# 962223

    175 & 199 Fraser St Na Old City Nanaimo V9R 5C1
    Main Photo: 175 & 199 Fraser St in Nanaimo: Na Old City Retail for sale : MLS®# 962223

    175 & 199 Fraser St Nanaimo V9R 5C1 Na Old City

    $1,650,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    962223
    Over 10,000 SF of under utilized building included with iconic family-run restaurant located in Nanaimo in business over 35 years with loyal customer base! 120 Seats plus extended patio. Liquor license and full commercial kitchen and equipment to handle high volume catering. Winner of numerous awards and featured on TV food shows, and various vloggers. The original owners are ready to retire. This is a fantastic opportunity to run an established business and build equity on a great holding property with two titles. Turn-key operation with plenty of upside potential. Lots of redevelopment in the area. Please do not approach staff. Vendor financing possible More details
    Listed by Sutton Group West Coast Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
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Data was last updated September 13, 2024 at 12:05 AM (UTC)
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.
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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.