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South Nanaimo Homes For Salesouth nanaimo homes for sale

South Nanaimo has it all – shops, ocean and mountain views, new homes, character homes and Vancouver Island University. Whether you’re a first time home buyer or a seasoned investor, you’ll see why South Nanaimo homes for sale are so sought after. Homes in the south end of town are reasonably priced and have seen one of the highest increases in home values over the past decade. From condos to mature properties to never-been-lived-in residences, South Nanaimo has a property for every type of buyer.

About South Nanaimo Real Estate

South Nanaimo real estate is situated in the charming and relaxed southern end of town. Homes for sale in South Nanaimo are beautifully designed, many with spacious lots. From cozy ranchers to multilevel single-family homes, these residences are unapologetically elegant. Newer homes offer gourmet kitchens, large pantries, stainless steel appliances, and granite countertops.

You will also find historical homes dating back to the city’s coal mining days. These properties are classically appealing and feature original hardwood floors, oversized yards and expansive porches. Older homes for sale in South Nanaimo have been impeccably maintained and many of them have been refurbished.

South Nanaimo Highlights

If you’re looking to be close to the bustling downtown, you should consider South Nanaimo homes. These properties are perfectly established near the Old City Quarter, which is home to the town’s nightlife scene, boutiques, and charming restaurants. Additionally, residents of this part of town are only minutes to the southern part of town’s shopping centre – Port Place Mall. This shopping mall has everything you need, from a grocery store to a pharmacy to restaurants to your favourite coffee shop. With all of these nearby amenities, you won’t have to travel far.

South Nanaimo Listings

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502 530 5th St
Na South Nanaimo Nanaimo V9R 1P1

$85,000
Commercial Sale

Main Photo: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 1: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 2: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 3: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 4: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 5: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 6: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 7: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 8: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 9: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 10: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 11: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 12: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Photo 13: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
919186
Well established business for sale. One owner has operated over 10 years and it's time to retire. Affordable size and lease. Well maintained and updated. Located in University Village Mall near VIU. Perfect to-go restaurant business for students and neighbor. Great potential for all kinds of restaurant. City approval in place for free standing ventless hood system, counter top deep fryer and electric griddle. Plenty of parking spaces. Take this great opportunity! All data and measurements are approximate, please verify if important. Do not approach owners and staffs.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na South Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Taxes:
Ceiling Heights:
Leasable Area:
1,100 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
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:
Units in Building:
Units in Community:
Parking Features:
On Site
Business Name:
Ai Sushi Go
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Nov 11, 2022
Original Price:
85000.0
  • Photo 1: 502 530 5th St in Nanaimo: Na South Nanaimo Business for sale : MLS®# 919186
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Listed by RE/MAX of Nanaimo
Data was last updated June 1, 2023 at 02:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$799,900
Min list price:
$85,000
Max list price:
$12,900,000
Avg days on market:
177
Min days on market:
37
Max days on market:
236
These statistics are generated based on the current listing's property type and located in Na South Nanaimo. Average values are derived using median calculations.
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.