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Denise Hodgins PREC*

denise@bcislandhomes.ca +1(250) 619-2855

$ 899,900

Est. payment -/mo

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New

111 Terminal Ave Nanaimo, BC V9R 5C6

5,662 Sqft Lot

UPDATED:

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

Listed by William Wright Commercial Real Estate Services