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451 Albert St
Na Old City Nanaimo V9R 2V9

$15 /sqft
Commercial Lease built: 1954

Main Photo: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Photo 1: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Photo 2: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Photo 3: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Photo 4: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Photo 5: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Photo 6: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Photo 7: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1050481
Year Built:
1954
BIG SPACE. PRIME LOCATION. FLEXIBLE LEASING! An excellent opportunity to secure up to 7,600 sq. ft. of versatile commercial space at 451 Albert Street in a highly visible DT8-zoned location. The 3,800 sq. ft. main floor, currently operating as a hardware store, offers excellent storefront exposure at $15/sq. ft. The 3,800 sq. ft. upper floor is offered at $12/sq. ft. with convenient rear access and loading dock. Lease one floor or the entire building—ideal for a growing business needing space, accessibility and exposure. Features include rear paved parking, gas forced-air heating, multiple power meters and 3-phase power. Conveniently located short drive to BC Ferries, Hullo Ferry, seaplane and Helijet terminals. Bring your business and your vision! Tenants to complete their own due diligence.
Property Type:
Commercial Lease
Type:
Mixed Use
Commercial Type:
Building
Year built:
1954 (Age: 72)
Lease Type:
See Remarks
Additional Rent Per SqFt:
5.0
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
11,160 sq. ft.
Taxes:
Building Features:
High Traffic Area, Loading Bay(s), Parking
Construction:
Stucco
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Total Building Area:
7,600 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Forced Air, Natural Gas
Fireplace:
No
Pending Date:
Electric, Fixtures, Gas, Parking
Fencing: Partial, Sign: Allowed
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:
Zoning:
DT8
Units in Building:
Units in Community:
Utilities:
Electricity Connected, Natural Gas Connected, Phone Connected
Lot Site Features:
Easy Access
Parking Features:
On Site
Total Units:
Date Listed:
Sep 15, 2026
Original Price:
15.0
  • Photo 1: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
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  • Photo 3: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
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  • Photo 4: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
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  • Photo 5: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
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  • Photo 6: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
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  • Photo 7: 451 Albert St in Nanaimo: Na Old City Mixed Use for lease : MLS®# 1050481
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Listed by Real Broker
Data was last updated September 22, 2026 at 08:05 AM (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.