300 Terminal Ave S, NANAIMO

2026-02-02
 

Quick Summary

Location
300 Terminal Ave S, NANAIMO, British Columbia V9R5C8
Price
$499,000 CAD
Status:
For Sale
Property Type:
Other
Year of Construction:
1954

MLS®#1024752

Property Description

Excellent opportunity to acquire a well-maintained downtown commercial revenue cashflow property with large 2-level building in Nanaimo, one of Canada's top-rated cities. Located on Terminal Avenue highway, this high traffic-count and good-visibility building offers strong exposure and a central city core position adjacent to a large Parkade for plenty of parking, just below the Bastion Street Bridge in the historic downtown old city center core. The property provides approximately 3,600 sq. ft. over two levels, each with a private separate entrance, offering excellent flexibility for investors or owner-occupiers wishing to max out their cashflow position. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining space(s). With steady income, long-term equity potential, and Nanaimo's continued growth, this DT4-zoned building is attractively priced and represents one of the best-value commercial opportunities in the downtown core area for a ROI hold. Potential uses include office, retail, medical, restaurant, studio, service, and other commercial applications(subject to city approval). A11 measurements and permitted uses to be verified by the Buyer with the City of Nanaimo if deemed important. 24/hrs notice for showings (id:32467)

Property Features

Building

  • Cooling Type: Air Conditioned, Fully air conditioned
  • Fireplace: No
  • Building Type: Commercial Mix

Features

  • Feature: Central location, See remarks, Other, Marine Oriented

Land

  • Land Size: 2007 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: DT4

Information entered by Sutton Group-West Coast Realty (Nan)
Listing information last updated on: 2026-02-03 23:22:59


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$500,000

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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