NANAIMO

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Downtown Nanaimo

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14 Victoria Cres
Na Old City Nanaimo V9R 5B8

$2,450,000
Commercial Sale built: 1948

View of property
Photo 1: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 2: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 3: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 4: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 5: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 6: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 7: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 8: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 9: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Photo 10: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
994650
Year Built:
1948
OFFERED FOR SALE DOWNTOWN STRIP MALL. KNOWN AS THE VILLAGE SQUARE. FEATURES OVER 17,000 SQ FT LEASEABLE SPACE PLUS SOME OPEN AND COVERED DECK AREAS. PRIME LOCATION ACROSS THE STREET FROM CASINO AND HARBOUR PARK MALL, 1 BLOCK TO CONVENTION CENTER CLOSE TO WATERFRONT AND REVITALIZED AREA AND COMMERCIAL, GREAT HOLDING PROPERTY COULD BE FUTURE REDEVELOPMENT SITE. THIS MALL FEATURES VARIOUS LONG TERM TENANTS INCLUDING RESTAURANTS, BARBER SHOP, BIKE SHOP, HOBBY SHOP, PIZZA SHOP, OFFICES, ADMINISTRATION AND VARIOUS OTHER SERVICE AND RETAIL SHOPS. THE PROPERTY HAS GREAT SIGNAGE, FRONTS VICTORIA CRES AND HAS ACCESS OFF TERMINAL AVE WITH A SMALL AMOUNT OF PARKING AT THE BACK OF THE MALL.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Year built:
1948 (Age: 77)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Old City, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Taxes:
Building Features:
Basement, Fire Alarm, High Traffic Area, Parking, Shopping Centre, Transit Nearby, Visual Exposure
Construction:
Concrete, Frame Wood, Glass, Stucco & Siding
Foundation:
Concrete Perimeter
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
15,864 sq. ft.
Leasable Area:
17,279 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Other
Heating:
Baseboard, Electric, Natural Gas
Fireplace:
No
Pending Date:
Parking
Inventory
Balcony, Balcony/Deck, Display Window, Sign: Allowed, Storefront
City
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:
DT-4
Units in Building:
Units in Community:
Occupancy:
Tenant
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available
Lot Site Features:
Central Location, Easy Access, Marina Nearby, Serviced, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
4
Business Type:
Retail, Service
Total Units:
Date Listed:
Apr 08, 2025
Original Price:
2450000.0
  • Photo 1: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of property
  • Photo 2: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of property
  • Photo 3: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of building exterior
  • Photo 4: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of building exterior
  • Photo 5: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    Photo 5 of 10
  • Photo 6: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of property
  • Photo 7: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of property featuring fence
  • Photo 8: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of building exterior
  • Photo 9: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of property
  • Photo 10: 14 Victoria Cres in Nanaimo: Na Old City Mixed Use for sale : MLS®# 994650
    View of property featuring fence
Listed by Island Pacific Realty Ltd.
Data was last updated April 12, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$900,000
Min list price:
$23
Max list price:
$4,750,000
Avg days on market:
96
Min days on market:
4
Max days on market:
353
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.
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.