$1,250,000
FOR SALE

Commercial/Retail

1045 Terminal Ave N
Nanaimo, BC V9S 4K3 | Central Nanaimo

High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4,215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1,800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place. (id:47421)
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Listed By Royal LePage Nanaimo Realty (NanIsHwyN)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 1025841
Last Updated Feb 12, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Neighbourhood Central Nanaimo
Price History

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Detailed Information
Features Central location, Level lot, Other
Listing Contract Date 2026-02-09
Municipal ID 003-987-884
Ownership Type Freehold
# of Parking Spaces 35
Property Type Other
Transaction Type For sale
Zoning Description COR3
Zoning Unknown
Building
Size (Exterior) 4447 square feet
Type Commercial Mix
Land
Total Size 0.72 acres
Access Type Road access
Size of Irregular Land 0.72

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