Located on the high-profile corner of Cavan Street and Albert Street, this ±6,549 SF standalone building provides
a rare opportunity to secure a central, highly visible location with immediate usability and long-term upside. The
existing improvements include a functional mix of private offices, open work areas, meeting rooms, and reception
—well suited for professional firms, medical or wellness users, education providers, and customer-facing
businesses.
Zoned DT9 (Old City Central), the property supports a broad range of permitted uses including: Office and
professional use, retail, personal and medical service, community services, daycare, educational facilities, among
many others.
Originally constructed in 1949 by the Provincial Government, the building showcases distinctive Streamline
Moderne architecture and carries heritage designation—offering a unique combination of character, presence,
and long-term positioning within Nanaimo’s revitalizing downtown core.
Data was last updated September 17, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$750,000
Min list price:
$120,000
Max list price:
$15,900,000
Avg days on market:
97
Min days on market:
1
Max days on market:
646
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.