SOUTH NANAIMO

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16 Fifth St
Na Central Nanaimo Nanaimo V9R 1M7

$1,300,000
Commercial Sale built: 1953

Main Photo: 16 Fifth St in Nanaimo: Na Central Nanaimo Industrial for sale : MLS®# 1020034
Photo 1: 16 Fifth St in Nanaimo: Na Central Nanaimo Industrial for sale : MLS®# 1020034
Photo 2: 16 Fifth St in Nanaimo: Na Central Nanaimo Industrial for sale : MLS®# 1020034
Photo 3: 16 Fifth St in Nanaimo: Na Central Nanaimo Industrial for sale : MLS®# 1020034
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1020034
Year Built:
1953
The opportunity to purchase a freestanding industrial building located at 16 Fifth Street in Nanaimo, BC. The 4,486 SF building is situated on a 15,894 square foot lot. The property is easily accessible from Highway 1, blocks from the Port of Nanaimo, and centrally located between the Duke Point and Departure Bay Ferry terminals. The building offers 4 dockheight overhead loading doors, and ample truck parking along the side and back of the property. Dual access via Fifth Street and Pine Street provide multiple convenient loading options. The Property is being sold with vacant possession, providing for an exceptional industrial owner-occupier opportunity.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building
Year built:
1953 (Age: 72)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
15,894 sq. ft.
Taxes:
Building Features:
Laundry Room, Loading Bay(s), Parking, Security System, Shopping Nearby
Construction:
Frame Wood
Ceiling Heights:
Door Features:
Warehouse Doors: 4
Floor finish:
Concrete
Total Building Area:
4,486 sq. ft.
Commercial Area:
Heating:
Baseboard
Fireplace:
No
Pending Date:
Fenced, Fencing: Partial, Low Maintenance Yard, Security System, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
I1
Units in Building:
Units in Community:
Occupancy:
Vacant
Lot Site Features:
Level, Rectangular Lot
Parking Features:
On Site
Total Units:
Date Listed:
Nov 06, 2025
Original Price:
1300000.0
  • Photo 1: 16 Fifth St in Nanaimo: Na Central Nanaimo Industrial for sale : MLS®# 1020034
    Photo 1 of 3
  • Photo 2: 16 Fifth St in Nanaimo: Na Central Nanaimo Industrial for sale : MLS®# 1020034
    Photo 2 of 3
  • Photo 3: 16 Fifth St in Nanaimo: Na Central Nanaimo Industrial for sale : MLS®# 1020034
    Photo 3 of 3
Listed by CBRE Limited
Data was last updated November 13, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$914,450
Min list price:
$46,900
Max list price:
$6,250,000
Avg days on market:
68
Min days on market:
7
Max days on market:
402
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.
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.