Investor alert! Well maintained commercial revenue building & property in Nanaimo, one of Canada's top rated cities.
Located on Terminal Ave, this high viz building offers strong exposure and a central position adjacent to a large parkade in the historic downtown core. The building provides approximately 3,600 sq ft over two levels, each with a separate entrance, offering excellent flexibility for investors or owner occupiers. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining spaces. With steady income, long term equity potential, and Nanaimo's continued growth, this DT4 zoned building is attractively priced and represents one of the best value commercial opportunities in the downtown core area. Potential uses include office, retail, medical, restaurant, studio, service, and other commercial applications (subject to city approval) All measurements and permitted uses to be verified by the buyer if deemed important.
Data was last updated February 5, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$682,500
Min list price:
$23
Max list price:
$2,850,000
Avg days on market:
112
Min days on market:
6
Max days on market:
652
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. This data is not produced by the MLS® system.