- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1004863
- Year Built:
- 1960
- Photos (29)
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Attention Owner Occupiers and Investors! Grab this prime opportunity at 111 Terminal Avenue, in Nanaimo’s bustling Terminal Avenue core. This high-visibility, high-traffic property offers great exposure for businesses and strong potential for investors. It features two demised retail units, ideal for boutique retail or services. Zoned DT4 (Downtown Mixed-Use), it supports uses like auto parts sales, auto sales/rental, commercial school, fast food, laundromat, office, retail, restaurant, sign shop, day care and more, with development potential. Perfect for owner-occupiers or investors seeking a versatile, income-generating asset. The property has a dedicated parking lot, extra parking on Campbell Street, two washrooms for move-in readiness, and a pylon sign for visibility. Near downtown Nanaimo’s shops, transit, and waterfront, it ensures constant exposure in a vibrant hub. Seize this rare chance to own a premium property in a sought-after area!
- Property Type:
- Commercial Sale
- Type:
- Retail
- Commercial Type:
- Building, Land
- Year built:
- 1960 (Age: 65)
- Lease Type:
- See Remarks
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 5,855 sq. ft.
- Building Features:
- Fire Alarm, Fire Sprinklers, High Traffic Area, Kitchen/Staff Room, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure
- Construction:
- Concrete, Insulation All
- New Construction:
- No
- Foundation:
- Concrete Perimeter, Slab
- Floor finish:
- Mixed
- Total Building Area:
- 2,640 sq. ft.
- Leasable Area:
- 2,640 sq. ft.
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- HVAC
- Heating:
- Hot Water
- Fireplace:
- No
- Sign: Allowed, Sign: Pylon, Sprinkler System, Storefront
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- City of Nanaimo
- Zoning:
- DT4
- Legal Non-Conformance:
- No
- Occupancy:
- Vacant
- Property Condition:
- Updated/Remodeled
- Lot Site Features:
- Corner Lot
- Parking Features:
- On Site
- Total Parking Spaces:
- 10
- Road Surface Type:
- Paved
- Date Listed:
- Jul 07, 2025
- Original Price:
- 899900.0
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View from terminal Avenue -
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View From Campbell Street
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Pylon Sign on the property
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Unit 1
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Unit 1
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Unit 1 Backoffice
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Unit 1 Backoffice
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Backoffice area
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Unit 2
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Unit 2
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Unit 2
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Listed by William Wright Commercial Real Estate Services
Data was last updated July 8, 2025 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 37
- Avg list price:
- $840,000
- Min list price:
- $59,500
- Max list price:
- $4,290,000
- Avg days on market:
- 98
- Min days on market:
- 1
- Max days on market:
- 440
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations.
- TANNER SAYWELL
- REMAX OF NANAIMO
- 1 (250) 6685936
- tanner@tannersaywell.com
Remax of Nanaimo
Office Address:
5140 Metral Dr
Nanaimo, BC, V9T 2K8