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507 Milton St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 1042962
An opportunity to acquire freehold interest in a mixed use residential/retail rental complex centrally located in Nanaimo. Completed in 2024, the complex is comprised of 25 large townhouse units all with exterior entrances, individual hot water tanks, dishwashers and laundry rooms, as well as 3 commercial CRU’s over three buildings. The property is currently fully rented but built to strata specification, and the potential exists to stratify and sell the individual units separately in the future.The complex benefits from a partial property tax exemption until 2033. This is a rare opportunity to buy a newer rental asset with stable holding income and future strata sale potential.More details
Rare opportunity to acquire a fully occupied portfolio of 27 strata-titled condominium units under single ownership in the heart of Nanaimo. Unlike traditional apartment buildings, each unit has its own legal title and PID number, providing exceptional flexibility for future disposition, refinancing or continued operation as a rental portfolio. The property has benefited from ongoing capital improvements and features elevator service, storage lockers, on-site laundry facilities and separate hydro metering. Opportunities to acquire a multifamily asset of this scale with individually titled units are exceptionally rare on Vancouver Island. A compelling investment offering stable occupancy, proven income history and multiple avenues for future value creation. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement.More details
Prime Downtown Opportunity in Nanaimo, extensively upgraded property featuring approximately 50,000 sq. ft. of thoughtfully designed and turnkey office space. Located in the heart of downtown Nanaimo, the property offers exceptional potential for businesses seeking a central and professional location. The property comprises seven distinct units, each tailored for substantial office use, with configurations ranging from 3 to 18 offices per unit. Each unit boasts a variety of functional amenities such as staff rooms, kitchens, reception areas, waiting rooms, washrooms and ample storage solutions. Building is equipped with an on-site workshop, and a cafeteria/restaurant. Spread across two floors with two convenient access points, the property is zoned DT 4 (Terminal Avenue), allowing for diverse uses such as offices, financial institutions, commercial or technical schools, convention centers, cultural facilities, and potential for a conversion to multi-family residential. Plus GST.More details
This is a building with over 10,045 sqft of retail/office, with over 7,100 sqft on the main floor and almost 3,000 sqft on the upper floor. This investment is located in the centre of downtown Nanaimo. Located across from the Conference centre and proximity to the Port Theater and the Casino. Heritage style brick exterior with two floors of mixed use lease space. Newly executed lease with Gabriels Cafe, Cayo Fashion, FLVX Fight Sports, and 3 office spaces on the upper floor. Building has undergone many renovations and upgrades! This is an excellent opportunity with a great upside!More details
Strict Schedule A compliance applies. Do not disturb tenants. Under no circumstances are property tours, photography, or structural inspections permitted without a minimum of 48 hours' written notice to the owners, in strict accordance with the BC Residential Tenancy Act. A Designated Agent must accompany prospective buyers during all structural or unit tours. Detailed financial statements, complete tenancy profiles, and underlying rent rolls will only be released to prospective purchasers or cooperating brokerages upon receipt of a completed, commercially reasonable Non-Disclosure Agreement (NDA) approved by the ownership. Cooperating commission split is 1.5% as per the listing contractMore details
OFFERED FOR SALE DOWNTOWN STRIP MALL. KNOWN AS THE VILLAGE SQUARE. FEATURES OVER 17,000 SQ FT LEASEABLE SPACE PLUS SOME OPEN AND COVERED DECK AREAS.
PRIME LOCATION ACROSS THE STREET FROM CASINO AND HARBOUR PARK MALL, 1 BLOCK TO CONVENTION CENTER CLOSE TO WATERFRONT AND REVITALIZED AREA AND COMMERCIAL, GREAT HOLDING PROPERTY COULD BE FUTURE REDEVELOPMENT SITE.
THIS MALL FEATURES VARIOUS LONG TERM TENANTS INCLUDING RESTAURANTS, BARBER SHOP, BIKE SHOP, HOBBY SHOP, PIZZA SHOP, OFFICES, ADMINISTRATION AND VARIOUS OTHER SERVICE AND RETAIL SHOPS. THE PROPERTY HAS GREAT SIGNAGE, FRONTS VICTORIA CRES AND HAS ACCESS OFF TERMINAL AVE WITH A SMALL AMOUNT OF PARKING AT THE BACK OF THE MALL.More details
352 Wesley Street and 341 Robson Street present a rare downtown development opportunity in the heart of Nanaimo's vibrant Old City Quarter. Offered together, these two separately titled DT2-zoned properties total approx. 20,522 sq.ft. and provide exceptional development potential for mixed-use, multi-family, office, retail, hospitality, and live/work projects. With a base FAR of 2.3 and 100% lot coverage, the site may accommodate approximately 47,200 sq.ft. of buildable floor area, with potential density incentives available through the City of Nanaimo (buyer to verify all). Ideally located on the Old City's most desirable Street, surrounded by popular restaurants and boutiques, this is one of Nanaimo's most sought-after urban investment locations. Both properties enjoy dual frontage on Wesley Street and Robson Street and are currently operating as fully leased (unpaved) parking lots, generating valuable holding income while future development plans are pursued. Price plus GST.More details
GREAT FULLY LEASED building with around 4800 sqft (gross). Beautiful heritage building that has been well cared for and has 3 self contained lease units; HVAC serviced and sprinklered. The Main floor approximately 1,800 sqft, upper floor approximately 2400 sqft and the basement has around 600 sqft of storage area of additional storage space. Close to the new Port Theatre and library complex. There are two off-street parking spots at rear on Terminal Avenue side.More details
NEW PRICE $1,275,000 – Rare opportunity to acquire 2 contiguous parcels totalling over 15,000 sqft in the heart of Downtown Nanaimo with highly desirable DT5 zoning allowing for mixed-use and higher-density development, offering a compelling blend of immediate usability and long-term redevelopment potential, improved with an existing 3,092 sqft building featuring a restaurant-ready commercial layout with commercial kitchen infrastructure, multiple washrooms and lower-level office/storage area, with recent upgrades including a newly completed torch-on roof and interior remediation providing a solid foundation for occupancy or holding income, further enhanced by patio areas and an adjoining lot currently configured for parking or future expansion, all ideally positioned in a walkable, transit-oriented location steps from the waterfront and suited to restaurant, café, commercial, professional, medical or redevelopment opportunities.More details
Elevate your lifestyle in this stunning top-floor penthouse at the Pacifica, Nanaimo's premier waterfront condominium. Featuring soaring 10-foot ceilings and expansive floor-to-ceiling windows, this bright open-concept home showcases spectacular ocean, city, mountain and inner harbour views toward Gabriola, Protection and Saysutshun Islands. The gourmet kitchen offers granite countertops, premium stainless steel appliances, a natural gas range ( gas included in strata) and warm wood cabinetry. The spacious primary bedroom includes a walk-in closet and a beautifully appointed ensuite with dual sinks, granite counters and a tiled shower. Step onto the generous covered balcony to enjoy the ever-changing waterfront scenery that blends into the downtown and includes views of Mount Benson. Enjoy being steps from the seawall, marina, restaurants, shopping, entertainment, seaplanes, Hullo ferry and everyday amenities. Measurements are approximate, verify if important.More details
Charming Live & Work Space in the Heart of Nanaimo with DT2 Zoning. This beautifully renovated property blends residential comfort with commercial potential. Nestled between popular restaurants on vibrant Wesley Street, this property offers opportunity for those looking to establish a unique business in a bustling neighborhood. The exterior includes a wheelchair-accessible commercial-grade patio, parking, and additional space for another building or food truck. Inside, the craftsman styled interior balances modern amenities with old world charm. Custom features include heated bathroom floors, Canadian hardwood, Italian tile, quartz countertops, custom cabinets, cedar beams & a heat pump. Situated just minutes from the Harbourfront and Old City Quarter, this prime location is ideal for locals and tourists seeking a boutique experience. Don’t miss this incredible opportunity, call to view today! All measurements are approximate & should be verified if important.More details
Charming Live & Work Space in the Heart of Nanaimo. This beautifully renovated property blends residential comfort with commercial potential. Nestled between popular restaurants on vibrant Wesley Street, this property offers opportunity for those looking to establish a unique business in a bustling neighborhood. The exterior includes a wheelchair-accessible commercial-grade patio, parking, and additional space for another building or food truck. Inside, the craftsman styled interior balances modern amenities with old world charm. Custom features include heated bathroom floors, Canadian hardwood, Italian tile, quartz countertops, custom cabinets, cedar beams & a heat pump. Situated just minutes from the Harbourfront and Old City Quarter, this prime location is ideal for locals and tourists seeking a boutique experience. Don’t miss this incredible opportunity, call to view today! All measurements are approximate & should be verified if importantMore details