111 Terminal Ave new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 5C6
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
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
Heat Source Hot Water
Exterior
Exterior Feature Sign: Allowed,Sign: Pylon,Sprinkler System,Storefront
Parking On Site 1
Total Parking Spaces 10
Building
Lot Description Corner
Building Description Concrete,Insulation All, Fire Alarm,Fire Sprinklers,High Traffic Area,Kitchen/Staff Room,Shopping Nearby,Storage Room,Transit Nearby,Visual Exposure
Foundation Poured Concrete,Slab
Sewer Sewer To Lot
Water Municipal
Structure Type Concrete,Insulation All
Others
Pets Allowed Yes
Restrictions Easement/Right of Way
Tax ID 025-649-493
Ownership Freehold