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111 Terminal Ave
Na Old City Nanaimo V9R 5C6

$799,000
Commercial Sale built: 1960

Main Photo: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 1: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 2: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 3: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 4: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 5: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 6: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 7: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 8: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 9: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 10: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Photo 11: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1051952
Year Built:
1960
Rare freestanding commercial building on Terminal Ave at Campbell St, offered at $799,000. Two demised units with separate entrances, glass storefront facing Terminal, two washrooms, dedicated on-site parking plus street parking on Campbell, and a multi-panel pylon sign. Zoned DT4 (Downtown Mixed-Use): permitted uses include retail, restaurant, fast food, office, commercial school, daycare, laundromat, auto sales/rental, auto parts sales and sign shop, with development potential. Suits an owner-user (occupy one unit, lease the other, or take the whole building) or an investor. Note: the current owner began interior work that was not completed, so some photos may not reflect current condition. Buyer to verify all measurements, zoning and permitted uses with the City of Nanaimo. Contact listing agent for showings and further information.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Year built:
1960 (Age: 66)
Lease Type:
See Remarks
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5,855 sq. ft.
Taxes:
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
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
2,640 sq. ft.
Leasable Area:
2,640 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
HVAC
Heating:
Hot Water
Fireplace:
No
Pending Date:
Sign: Allowed, Sign: Pylon, Sprinkler System, Storefront
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:
DT4
Units in Building:
Units in Community:
Occupancy:
Vacant
Property Condition:
Updated/Remodeled
Lot Site Features:
Corner Lot
Parking Features:
On Site
Total Parking Spaces:
10
Total Units:
Date Listed:
Oct 08, 2026
Original Price:
799000.0
  • Photo 1: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 2: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 3: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 4: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 5: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 8: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 9: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 10: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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  • Photo 11: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1051952
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Listed by Real Broker
Data was last updated October 9, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$829,900
Min list price:
$120,000
Max list price:
$15,900,000
Avg days on market:
112
Min days on market:
16
Max days on market:
667
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.
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.