111 Terminal Ave Pending

Nanaimo,BC V9R 5C6

$ 899900

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1004863

Rental Info Unrestricted

Year Built 1960

Annual Tax Amount $11,512

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Retail

Property Description

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!

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT4

Interior

Heating Hot Water

Cooling HVAC

Flooring Mixed

Exterior

Exterior Feature Sign: Allowed,Sign: Pylon,Sprinkler System,Storefront

Parking On Site 1

Total Parking Spaces 10

Building

Lot Description Corner

Foundation Poured Concrete,Slab

Sewer Sewer To Lot

Water Municipal

Structure Type Concrete,Insulation All

Others

Restrictions Easement/Right of Way

Tax ID 025-649-493

Ownership Freehold

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