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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1-12/97
  • 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
  • 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
  • 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
  • 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900

    42 Nicol St Na Old City Nanaimo V9R 5K9
    Main Photo: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900
    $849,999
    Commercial Sale
    Status:
    Active
    MLS® Num:
    980900
    Centrally located properties on the main thoroughfare into Downtown Nanaimo close to the Port Place Shopping Centre and numerous core amenities including the Nanaimo waterfront, Hullo Ferry, Sea Planes, Gabriola Island Ferry service, restaurants, etc. Property consists of 4 Lots with an 1,830 sq. ft. building over 2 levels on 42 Nicol St. Upper level offers 5 offices with a kitchen area and ocean views while the lower level has 2 offices with a separate entrance. Ample parking available. Commercial Advertising sign on 38A Nicol provides additional revenue. Zoning is DT-12 and allows for a variety of uses including Assembly Hall, Artist Studio, Club or Lodge, Commercial School, Live/Work, Office, Repair shop, Retail, etc. Plus GST. More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 555 Milton St in Nanaimo: Na Old City Land for sale : MLS®# 981578

    555 Milton St Na Old City Nanaimo V9R 2K9
    Main Photo: 555 Milton St in Nanaimo: Na Old City Land for sale : MLS®# 981578
    $725,000
    Residential
    Status:
    Active
    MLS® Num:
    981578
    Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize on the influx of residents seeking the island’s unmatched lifestyle. Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it’s ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval). Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo’s hot rental market, this property is a smart investment for developers and investors alike. Also under mls#981582 More details
    Listed by Sutton Group-West Coast Realty (Nan)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 555 Milton St in Nanaimo: Na Old City Multi Family for sale : MLS®# 981582

    555 Milton St Na Old City Nanaimo V9R 2K9
    Main Photo: 555 Milton St in Nanaimo: Na Old City Multi Family for sale : MLS®# 981582
    $725,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    981582
    Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize on the influx of residents seeking the island’s unmatched lifestyle. Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it’s ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval). Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo’s hot rental market, this property is a smart investment for developers and investors alike. Also under MLS981578 More details
    Listed by Sutton Group-West Coast Realty (Nan)
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 212 Fry St in Nanaimo: Na Old City Land for sale : MLS®# 982963

    212 Fry St Na Old City Nanaimo V9R 4Z1
    Main Photo: 212 Fry St in Nanaimo: Na Old City Land for sale : MLS®# 982963
    $399,000
    Residential
    Status:
    Active
    MLS® Num:
    982963
    Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 212 Fry St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 982964

    212 Fry St Na Old City Nanaimo V9R 4Z1
    Main Photo: 212 Fry St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 982964
    $399,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    982964
    Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 218 Fry St in Nanaimo: Na Old City Land for sale : MLS®# 982965

    218 Fry St Na Old City Nanaimo V9R 4Z1
    Main Photo: 218 Fry St in Nanaimo: Na Old City Land for sale : MLS®# 982965
    $399,000
    Residential
    Status:
    Active
    MLS® Num:
    982965
    Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 218 Fry St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 982968

    218 Fry St Na Old City Nanaimo V9R 4Z1
    Main Photo: 218 Fry St in Nanaimo: Na Old City Unimproved Land for sale : MLS®# 982968
    $399,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    982968
    Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
  • 212&218 Fry St in Nanaimo: Na Old City Land for sale : MLS®# 982970

    212&218 Fry St Na Old City Nanaimo V9R 4Z1
    Main Photo: 212&218 Fry St in Nanaimo: Na Old City Land for sale : MLS®# 982970
    $798,000
    Residential
    Status:
    Active
    MLS® Num:
    982970
    Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate More details
    Listed by RE/MAX of Nanaimo
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
1-12/97
Data was last updated June 12, 2025 at 10:05 PM (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.