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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  • 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
    $1,550,000
    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 W Broadway
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 199 Fraser St in Nanaimo: Na Old City Business for sale : MLS®# 965828

    199 Fraser St Na Old City Nanaimo V9R 5C1
    Main Photo: 199 Fraser St in Nanaimo: Na Old City Business for sale : MLS®# 965828
    $99,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    965828
    Iconic family-run restaurant located 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. Turn-key operation with plenty of upside potential Building and Land available for sale as well. Please do not approach staff. More details
    Listed by Sutton Group-West Coast Realty
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 504 10 Chapel St in Nanaimo: Na Old City Condo for sale : MLS®# 969818

    504 10 Chapel St Na Old City Nanaimo V9R 5H2
    Main Photo: 504 10 Chapel St in Nanaimo: Na Old City Condo for sale : MLS®# 969818
    $699,900
    Residential
    Status:
    Active
    MLS® Num:
    969818
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,162 sq. ft.
    This stunning 3 bed, 2 bath corner unit w/ 180 Degrees of Panoramic Ocean & Mountain views is located walking distance to downtown, shopping, seaplanes and much more. The bright open layout & oversized balcony is perfect for entertaining & catching sunrises & sunsets! The home has all the luxury upgrades such as heated floors, quartz countertops, Carrera marble, high-end cabinetry, heatpump w/ A/C, & in suite Bosch laundry. The modern kitchen features stainless steel Miele appliances, a large island w propane cooktop, double built-in wall ovens, oversized sink w hot water on demand, & a garburator, a chef's delight. The ensuite bath feels like you are at the spa w marble tiled showers, double sinks, soaker tub w bubble jets, floating vanities, built-in tankless wall toilets & a large walk-in closet w built-ins. There is Ample storage throughout w lots of closets including a kitchen pantry. Additional amenities incl a gym facility & underground secure parking. Rentals & Pets allowed. More details
    Listed by Oakwyn Realty Ltd. (NA)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 531 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 971833

    531 Kennedy St Na Old City Nanaimo V9R 2J6
    Main Photo: 531 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 971833
    $2,300,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    971833
    Attention Investors! Almost NEW 8 plex with great warranty remaining! Located on Kennedy street, which is in the heart of Old City, Nanaimo, BC this beautifully constructed building has a whole lot of Modern while maintaining the heritage building scheme and character. Each unit is fully self contained and private. The upper units have large decks to enjoy while the lower units still have their private outdoor patios and storage. There is a nice large parking lot that is shared in the back of the building or plenty of street parking for guests. The current rents are all at or above market rent with excellent residents occupying the suites. The landscaping is beautifully though out and very easy to maintain. Contact me today to request an information package and a private tour! Gross monthly rental income is $11,294.00. All measurements are approximate. More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 149 Wallace St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 976684

    149 Wallace St Na Old City Nanaimo V9R 5B2
    Main Photo: 149 Wallace St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 976684
    $1,098,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    976684
    Prime Location! Situated downtown Nanaimo, offering excellent potential for businesses seeking a central location. Near government offices and corporate buildings, and adjacent to new multi-family developments, this building is perfectly suited for office, medical, or government use. Previously utilized by a law firm, the space is set up for professional services. The main level features entrances from both Wallace Street and Richards Street, with on-site parking. The second-floor offices are accessible via a private rear staircase, providing flexibility for two separate office spaces or a unified layout, supported by dual meters and heating systems. The full basement, with internal and external access, offers storage options. An ideal opportunity for businesses looking to establish a presence in one of Nanaimo’s most dynamic areas. Currently leased for: Period: November 1, 2024 to April 30, 2025 $3,506,67 per month 1) Additional Rent $1,753,33 per month, subject to Section 3.3 More details
    Listed by eXp Realty
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 880 Hecate St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 977236

    880 Hecate St Na Old City Nanaimo V9R 4K6
    Main Photo: 880 Hecate St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 977236
    $23
    Commercial Sale
    Status:
    Active
    MLS® Num:
    977236
    HUGE SPACE FOR LEASE ABLE TO HANDLE HUGE IDEAS. CONTACT REALTOR FOR MORE INFO. More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 125 Comox Rd in Nanaimo: Na Old City Mixed Use for sale : MLS®# 977584

    125 Comox Rd Na Old City Nanaimo V9R 3H9
    Main Photo: 125 Comox Rd in Nanaimo: Na Old City Mixed Use for sale : MLS®# 977584
    $2,399,900
    Commercial Sale
    Status:
    Active
    MLS® Num:
    977584
    This Commercial Investment property is situated in a highly sought-after area near Nanaimo's downtown core and offers excellent visibility and accessibility making it ideal for a variety of business ventures. For Sale is the Land & Building, Business is for sale separately. The DT4 Zoning allows for a broad range of uses including retail, office space, restaurant, neighbourhood pub, commercial school etc., making it a versatile choice for investors. Built in 1995, the building offers approximately 8,995 sq. ft. over 2 levels that could be adapted to suit various business needs of a tenant(s) or end user. Outside is ample parking space that could accommodate both employees and customers. Whether you're looking to expand your business, develop a new project, or secure a sound investment, this commercial building with land represents a unique opportunity for investors and businesses alike to own a premium commercial real estate asset. Plus GST More details
    Listed by RE/MAX of Nanaimo and eXp Realty
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567

    1 68 Mill St Na Old City Nanaimo V9R 5A6
    Main Photo: 1 68 Mill St in Nanaimo: Na Old City Condo for sale : MLS®# 977567
    $449,500
    Residential
    Status:
    Active
    MLS® Num:
    977567
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,277 sq. ft.
    UNIQUE INVESTMENT OPPORTUNITY! This property features two self-contained units under one strata lot along the river’s edge: a spacious 2-bedroom, 1-bathroom suite with an updated kitchen and bathroom, plus a 1-bedroom, 1-bathroom suite with its own updated kitchen and dishwasher. Both units offer steady rental income with reliable tenants in place. The 2-bedroom suite boasts a large, private, gated patio—perfect for relaxing or entertaining. The building's shared laundry room is conveniently located beside the 1-bedroom unit. Just steps from the Nanaimo waterfront, seawall, Maffeo Sutton Park, and downtown, this property offers an unbeatable lifestyle and convenience. With flexible rental and pet policies and no age restrictions, it's ideal for investors or homeowners alike. Don’t miss this rare, income-generating gem! Measurements by Proper Measure are approximate; buyer to verify if important. More details
    Listed by eXp Realty
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 437 SW Albert St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 978529

    437 SW Albert St Na Old City Nanaimo V9R 2V9
    Main Photo: 437 SW Albert St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 978529
    $598,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    978529
    Prime Development Investment opportunity in downtown Nanaimo! This 0.14AC vacant corner lot is zoned DT-8 (Old City Mixed Use), perfect for commercial units on the ground floor and residential use above. Ideal location near all desired key amenities, including the Seaplane, Heli-Jet, Hullo fast ferry, BC Ferry Terminal, Seawall, Shopping mall, Nanaimo Conference Center, trendy cafes, pubs, medial, city hall and easy access to transportation. Bring your ideas and build your own live/work/play vision here in Nanaimo's rapidly growing downtown core. All measurements & data must be verified if deemed important. More details
    Listed by Sutton Group-West Coast Realty (Nan)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 446 Kennedy St in Nanaimo: Na Old City Single Family Residence for sale : MLS®# 978382

    446 Kennedy St Na Old City Nanaimo V9R 2J5
    Main Photo: 446 Kennedy St in Nanaimo: Na Old City Single Family Residence for sale : MLS®# 978382
    $949,900
    Residential
    Status:
    Active
    MLS® Num:
    978382
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,571 sq. ft.
    Discover this beautiful property on one of Nanaimo's most desirable heritage streets on a large 9405 sqft lot. The perfect family home with 3 bedrooms + den & 2.5 Baths, a gorgeous in ground pool, and sweeping ocean, mountain, & city views. Picture-perfect sunrises over the Coastal Mountains & the Strait of Georgia greet you from the large deck off the kitchen on the main floor, while the upstairs primary suite opens to its own expansive private patio, making entertaining a dream at this property. Brimming w/ potential, this property has a full partially finished basement, a detached garage, & potential to add a carriage house with laneway access. Every corner of the home reflects the love & care that’s been put into maintaining its beauty. Nestled in a vibrant & historic neighbourhood, just minutes from downtown & VIU, this home offers an exceptional blend of character, comfort & convenience. With room to grow & the perfect balance of indoor and outdoor living, it’s truly a rare find. More details
    Listed by Oakwyn Realty Ltd. (NA)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 101 335 Wesley St in Nanaimo: Na Old City Business for sale : MLS®# 978856

    101 335 Wesley St Na Old City Nanaimo V9R 5B9
    Main Photo: 101 335 Wesley St in Nanaimo: Na Old City Business for sale : MLS®# 978856
    $59,500
    Commercial Sale
    Status:
    Active
    MLS® Num:
    978856
    Seller is wanting to retire, Rare opportunity to own an affordable and flourishing business and grow your income! Having been in operation for over 26 years, this boutique-styled wellness spa has a well-established client base and supplier network, and is staffed with an experienced team of professionals. Located in thriving downtown commercial district; gated parking area; affordable lease in place. All equipment included More details
    Listed by Island Pacific Realty Ltd.
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 351 Wesley St in Nanaimo: Na Old City Single Family Residence for sale : MLS®# 979397

    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®# 979397
    $1,499,000
    Residential
    Status:
    Active
    MLS® Num:
    979397
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,135 sq. ft.
    Charming Live & Work Space in the Heart of Nanaimo. This beautifully renovated property blends residential comfort with commercial potential. Nestled between popular restaurants on vibrant Wesley Street, this property offers opportunity for those looking to establish a unique business in a bustling neighborhood. The exterior includes a wheelchair-accessible commercial-grade patio, parking, and additional space for another building or food truck. Inside, the craftsman styled interior balances modern amenities with old world charm. Custom features include heated bathroom floors, Canadian hardwood, Italian tile, quartz countertops, custom cabinets, cedar beams & a heat pump. Situated just minutes from the Harbourfront and Old City Quarter, this prime location is ideal for locals and tourists seeking a boutique experience. Don’t miss this incredible opportunity, call to view today! All measurements are approximate & should be verified if important More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
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Data was last updated February 23, 2025 at 04:05 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.