UNIVERSITY DISTRICT LISTINGS

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640 5th St
Na University District Nanaimo V9R 1P9

$2,750 /mth
Commercial Lease

View of building exterior
Photo 1: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
Photo 2: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
Photo 3: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
Photo 4: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
Photo 5: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1024134
Prime Lease space approx 1190 SQ FT level access with store front and parking in front of building. Busy street with great exposure, display window, on bus route, close to University and University Mall. Large signage or awnings allowed. Some improvements from precious tenant include, update wheelchair access bathroom, some counters, heating and air conditioning, hand washing sink. This space is ideal for restaurant, grocery, retail or services as allowed under Cor 3 zoning.
Property Type:
Commercial Lease
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Gross
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Building Features:
Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Frame Wood, Stucco
Electricity:
Yes
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,190 sq. ft.
Commercial Area:
Cooling:
Air Conditioning
Heating:
Electric
Fireplace:
No
Pending Date:
Awning(s), Display Window, Security System, Storefront
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:
Legal Description:
Zoning:
COR 3
Units in Building:
Units in Community:
Occupancy:
Vacant
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Parking Features:
On Site
Business Type:
Grocery, Restaurant/Bar, Retail, Service
Total Units:
Date Listed:
Jan 23, 2026
Original Price:
2750.0
  • Photo 1: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
    View of building exterior
  • Photo 2: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
    Property entrance featuring stucco siding
  • Photo 3: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
    Photo 3 of 5
  • Photo 4: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
    Kitchen with dark wood-style flooring and a sink
  • Photo 5: 640 5th St in Nanaimo: Na University District Mixed Use for lease : MLS®# 1024134
    Half bath with vanity
Listed by Island Pacific Realty Ltd.
Data was last updated April 30, 2026 at 07:30 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.