Office Listings
1045 N Terminal Ave
Na Central Nanaimo
Nanaimo
V9S 4K3
$1,250,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1025841
- Photos (11)
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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.
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Lease Type:
- Sale of Assets
- Listing General Location:
- Na Central Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.722 acre(s)0.29 hectare(s)
- Building Features:
- High Traffic Area, Kitchen/Staff Room, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
- Total Building Area:
- 4,215 sq. ft.392 m2
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- City of Nanaimo
- Zoning:
- COR3
- Occupancy:
- Partially Occupied
- Lot Site Features:
- Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
- Parking Features:
- On Site
- Total Parking Spaces:
- 35
- Road Surface Type:
- Paved
- Date Listed:
- Feb 09, 2026
- Original Price:
- 1250000.0
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated February 12, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $799,900
- Min list price:
- $46,900
- Max list price:
- $6,250,000
- Avg days on market:
- 78
- Min days on market:
- 7
- Max days on market:
- 493
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- ROSANNA DUFFY
- ROYAL LEPAGE NANAIMO REALTY
- 250-816-4663
- rosanna@vancouverislandlifestyle.ca
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.







