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Return to: Downtown Nanaimo
101 85 Cliff St
Na Old City
Nanaimo
V9R 5E6
$18 /sqft
Commercial Lease
- Status:
- For Lease
- Prop. Type:
- Commercial Lease
- MLS® Num:
- 1023935
- Photos (7)
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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:
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- Existing Lease Expiry:
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- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 7,410 sq. ft.688 m2
- Taxes:
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- Ceiling Heights:
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- Total Building Area:
- 1,185 sq. ft.110 m2
- Commercial Area:
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- Fireplace:
- No
- Pending Date:
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- Main Level
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Legal Description:
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- Zoning:
- DT4
- Parking Features:
- On Site
- Total Parking Spaces:
- 3
- Total Units:
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- Date Listed:
- Jan 19, 2026
- Original Price:
- 18.0
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Listed by CBRE Limited
Data was last updated January 25, 2026 at 12:05 AM (UTC)
- 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.
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