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Pending
111 Terminal Ave Nanaimo, BC V9R 5C6
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
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
Exterior
Exterior Feature Sign: Allowed, Sign: Pylon, Sprinkler System, Storefront
Parking On Site 1
Total Parking Spaces 10
Building
Lot Description Corner
Foundation Poured Concrete, Slab
Sewer Sewer To Lot
Water Municipal
Structure Type Concrete,Insulation All
Others
Restrictions Easement/Right of Way
Tax ID 025-649-493
Ownership Freehold
Listed by William Wright Commercial Real Estate Services