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$1,250,000
British Columbia,Nanaimo
For Sale Active
1045 Terminal Ave N, Nanaimo, British Columbia V9S4K3
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 1025841
  • Price: $1,250,000
  • Status: Active
  • Office Name: Royal LePage Nanaimo Realty (NanIsHwyN)
  • Property Sub Type: Other
  • Office Key: 276777
Address Map
  • Location: CA, British Columbia, Nanaimo, V9S4K3
  • Street: Terminal
  • Street Number: 1045
  • Street Suffix: Avenue
  • Longitude: W124° 2' 53.2''
  • Latitude: N49° 10' 52.1''
  • Zoning: Unknown
  • Street Dir Suffix: North
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 0.72
Financial
  • Tax Annual Amount: 25023
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Listing updated: 2026-03-04 06:25:22
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Listing Information
  • List Agent Key: 1673971
  • List Office Key: 276777
  • Modification Timestamp: 2026-02-12T20:00:21Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2026-02-12T19:42:59Z
Powered by REALTOR.ca
Listing updated: 2026-03-04 06:25:23
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