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CABCNanaimoTownsite1045 Terminal Ave N
Listing image | Image 1

1045 Terminal Ave N, Nanaimo, BC

House

For Sale

Listed price in listed location currency (CAD).
$1,150,000

0035

MLS® 1041535

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $25,023
Days Active 25
Lot Size 0.72 Acres
Approx. Age 
MLS® Number 1041535

Property Address: 1045 Terminal Ave N, Nanaimo, BC, V9S4K3

Average square foot calculated using Size range provided by listing agent.

Description

High exposure corner property comprising 0.72± acres with two buildings in a prime main street location. Zoned COR3, this flexible designation supports a wide range of commercial uses, offering excellent redevelopment or repositioning potential. The 4, 215 sq.ft. two-level former restaurant building is currently vacant and has been stripped of all restaurant equipment, providing a clean slate for your business concept. The second building, approximately 1, 800 sq.ft. on one level, is leased to a long-term restaurant tenant, delivering stable income. The site features a large paved parking lot with capacity for approximately 35 vehicles. Strategically located in the heart of the city on a major thoroughfare, directly across from and adjacent to established strip mall centres, this is a rare opportunity to secure a substantial commercial holding with strong exposure and existing income in place.
MLS® Number1041535
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,150,000

For Sale · 25 days

$1,150,000

MLS® 1041535

25 days ago

Not Sold Yet

June 2026, For Sale for $1,150,000

For Sale · 25 days

$1,150,000

MLS® 1041535

25 days ago

Not Sold Yet

  • Jun 24, 2026, Canceled for $1,250,000

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