NANAIMO

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Downtown Nanaimo

Return to: Downtown Nanaimo

111 Terminal Ave
Na Old City Nanaimo V9R 5C6

$899,900
Commercial Sale built: 1960

View from terminal Avenue
Photo 1: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 2: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 3: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 4: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 5: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 6: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 7: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 8: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 9: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 10: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 11: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 12: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 13: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 14: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 15: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 16: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 17: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 18: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 19: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 20: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 21: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 22: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 23: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 24: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 25: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 26: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 27: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 28: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Photo 29: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1004863
Year Built:
1960
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:
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
Legal Non-Conformance:
No
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
Road Surface Type:
Paved
Total Units:
Date Listed:
Jul 07, 2025
Original Price:
899900.0
  • Photo 1: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    View from terminal Avenue
  • Photo 2: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
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  • Photo 3: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    View From Campbell Street
  • Photo 4: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Pylon Sign on the property
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  • Photo 11: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Unit 1
  • Photo 12: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Unit 1
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  • Photo 14: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Unit 1 Backoffice
  • Photo 15: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Unit 1 Backoffice
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  • Photo 17: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Backoffice area
  • Photo 18: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Unit 2
  • Photo 19: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Unit 2
  • Photo 20: 111 Terminal Ave in Nanaimo: Na Old City Retail for sale : MLS®# 1004863
    Unit 2
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Listed by William Wright Commercial Real Estate Services
Data was last updated July 16, 2025 at 10:05 AM (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
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.