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Return to: Downtown Nanaimo
111 Terminal Ave
Na Old City
Nanaimo
V9R 5C6
$899,900
Commercial Sale
built: 1960
- 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
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 5,855 sq. ft.544 m2
- Taxes:
- Signup
- 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:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,640 sq. ft.245 m2
- Leasable Area:
- 2,640 sq. ft.245 m2
- Commercial Area:
- Signup
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- HVAC
- Heating:
- Hot Water
- Fireplace:
- No
- Pending Date:
- Signup
- Sign: Allowed, Sign: Pylon, Sprinkler System, Storefront
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Occupancy:
- Vacant
- Property Condition:
- Updated/Remodeled
- Lot Site Features:
- Corner Lot
- Parking Features:
- On Site
- Total Parking Spaces:
- 10
- Road Surface Type:
- Paved
- Total Units:
- Signup
- 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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Larger map options:
Listed by William Wright Commercial Real Estate Services
Data was last updated July 16, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 36
- Avg list price:
- $869,950
- Min list price:
- $59,500
- Max list price:
- $4,290,000
- Avg days on market:
- 92
- Min days on market:
- 5
- Max days on market:
- 448
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.
- JOE SQUIRE
- ONE PERCENT REALTY LTD. (DUNC)
- 250-802-5899
- Contact by Email
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.