NANAIMO

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Downtown Nanaimo

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Main Photo: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Photo 1: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Photo 2: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Photo 3: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Photo 4: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Photo 5: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Photo 6: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Photo 7: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
Status:
For Lease
Prop. Type:
Commercial Lease
MLS® Num:
1023935
CBRE Limited is pleased to present an excellent opportunity to secure affordable, flexible commercial space in the heart of Downtown Nanaimo. Located just off Terminal Avenue, this ground-floor unit offers strong accessibility, nearby amenities, and rare on-site parking—an increasingly scarce feature in the downtown core. Zoned DT4, one of Nanaimo’s most versatile downtown designations, the space permits a wide range of uses including office, retail, personal services, medical, studio, and other small business operations. The 1,185 SF unit is ideal for businesses seeking a manageable footprint with minimal overhead. With base rent at $18.00 PSF and additional rent estimated at $6.11 PSF, total occupancy costs are approximately $2,380 per month plus GST, positioning this as one of the most competitive downtown leasing opportunities available. Well suited for startups, professional services, creatives, or owner-operators seeking downtown presence, flexibility, and value.
Property Type:
Commercial Lease
Type:
Retail
Commercial Type:
Building
Lease Type:
Lease Sqft Price/Annual
Additional Rent Per SqFt:
6.11
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
7,410 sq. ft.
Taxes:
Ceiling Heights:
Total Building Area:
1,185 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
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:
Legal Description:
Zoning:
DT4
Units in Building:
Units in Community:
Parking Features:
On Site
Total Parking Spaces:
3
Total Units:
Date Listed:
Jan 19, 2026
Original Price:
18.0
  • Photo 1: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
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  • Photo 2: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
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  • Photo 3: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
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  • Photo 4: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
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  • Photo 5: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
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  • Photo 6: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
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  • Photo 7: 101 85 Cliff St in Nanaimo: Na Old City Retail for lease : MLS®# 1023935
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Listed by CBRE Limited
Data was last updated January 25, 2026 at 12:05 AM (UTC)
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.