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Downtown Nanaimo
Return to: Downtown Nanaimo
111 Terminal Ave
Na Old City
Nanaimo
V9R 5C6
$799,000
Commercial Sale
built: 1960
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1051952
- Year Built:
- 1960
- Photos (11)
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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:
- 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
- Total Units:
- Signup
- Date Listed:
- Oct 08, 2026
- Original Price:
- 799000.0
Larger map options:
Listed by Real Broker
Data was last updated October 15, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 29
- 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:
- 6
- Max days on market:
- 673
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.
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