300 Terminal Ave Nanaimo, BC V9R 5C8
3,100 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $160
MLS Listing ID 1024752
HOA Y/N No
Year Built 1954
Annual Tax Amount $11,448
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Property Description
Located on Terminal Ave, this high viz building offers strong exposure and a central position adjacent to a large parkade in the historic downtown core. The building provides approximately 3,600 sq ft over two levels, each with a separate entrance, offering excellent flexibility for investors or owner occupiers. An owner could utilize part of the upper floor while maintaining rental income from the ground floor and remaining spaces. 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. Potential uses include office, retail, medical, restaurant, studio, service, and other commercial applications (subject to city approval) All measurements and permitted uses to be verified by the buyer if deemed important.
Location
Province BC
County Nanaimo, City Of
Community Na Old City
Area Nanaimo
Zoning DT4
Interior
Heating Electric, Heat Pump
Cooling Air Conditioning, HVAC
Flooring Mixed
Inclusions Leasehold Improvements, Real Estate
Equipment Other Improvements
Fireplace No
Exterior
Exterior Feature Display Window, Low Maintenance Yard, Security System, Sign: Allowed, Sign: Dir Brd, Storefront, See Remarks
Parking Features On Site
Utilities Available Cable Available, Electricity Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available
View Y/N Yes
View City
Garage No
Building
Lot Description Central Location, Marina Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Municipal
Others
Ownership Freehold
Acceptable Financing Agreement for Sale, Must Be Paid Off
Listing Terms Agreement for Sale, Must Be Paid Off
Special Listing Condition Updated/Remodeled