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$1,195,000
1044373 MLS
Rare opportunity to acquire 2 contiguous parcels w/ over 15,000 sqft in Downtown Nanaimo with highly sought-after DT5 zoning, allowing for mixed-use and higher-density development. Offering a combination of immediate usability and long-term redevelopment potential, the property is improved with a 3,092 sq ft building featuring a restaurant-ready commercial layout complete with commercial kitchen infrastructure, multiple washrooms and lower-level office/storage space. Recent capital improvements include a new torch-on roof and interior remediation, providing a solid foundation for immediate occupancy, leasing or holding income. An adjoining parcel currently provides on-site parking while offering future expansion or redevelopment flexibility. Positioned in Nanaimo's downtown core, steps from the waterfront, transit and amenities. Opportunity for developers, investors, restaurateurs, medical or professional users. The seller is motivated and welcomes serious offers.

77 & 85 Skinner St, Nanaimo

Courtesy of eXp Realty (NA)

$120,000
1044100 MLS
Established Vancouver Island Sign & Print Business • Loyal Commercial Client Base • Excellent Reputation • Turnkey Operation: Exceptional opportunity to acquire a well-established sign, print and graphics business serving Central Vancouver Island. Known for outstanding quality, fast turnaround and exceptional customer service, the company has built a loyal base of repeat commercial and residential clients. Services include custom signage, vehicle wraps, fleet graphics, banners, vinyl lettering, business cards, brochures, promotional products and graphic design. Operating from a strategic Nanaimo location, the business serves clients throughout Central Vancouver Island with strong referral and repeat business. Turnkey operation, quality equipment, established systems and significant growth potential. Contact the Listing Realtor for details. NDA required for financial information.

215 Terminal Ave, Nanaimo

Courtesy of eXp Realty (NA)

$599,000
1041665 MLS
Prime downtown business opportunity! This highly successful, well-established Grocery Store is a beloved community staple, offering steady sales and a loyal customer base. A true turnkey business-only sale, this local grocery store features a full meat department, dairy, household essentials, and indoor/outdoor produce sections. Situated on a strategic corner lot of approx 12,853 sq ft, the location boasts excellent exposure, a 2,396 sq ft storefront, a loading bay, walk-in coolers, inventory storage, and parking. A built-in U-Haul dealership adds immediate auxiliary revenue, while the expansive lot offers great potential for expansion or food truck placement. The seller is willing to consider renting the upstairs residential unit to the buyer of the business for convenience or added income. Don't miss out on taking over this thriving community legacy-bring your vision and step into a profitable operation today

Nanaimo

Courtesy of eXp Realty of Canada, Inc.

$1,950,000
1040063 MLS
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.

352 Wesley St, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$6,000,000
1039946 MLS
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.

116 Prideaux St Unit ##101-309, Nanaimo

Courtesy of eXp Realty (NA)

$740,000
1038728 MLS
This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental.

639 Kennedy St, Nanaimo

Courtesy of REMAX Professionals (NA)

$699,000
1036560 MLS
This downtown Nanaimo property offers a rare opportunity for small to mid-scale developers entering the multi-family market. While currently generating rental income as a single-family home, its true value lies in the approved development permit for a fourplex with four three-bedroom units. Each unit features a family-friendly layout, private exterior balcony, and townhouse-style entry. Two units will enjoy limited ocean views. This design balances privacy and community—features today’s buyers value. New three-bedroom builds are scarce in Nanaimo, making this project especially appealing. It meets all required parking and exemplifies “missing middle” housing by delivering practical density without sacrificing livability. With approvals in place and attractive floorplans, this is an excellent build-to-sell or build-to-hold opportunity in a market with high demand and low supply. Measurements Approx. Verify if important.

532 Prideaux St, Nanaimo

Courtesy of Real Broker

$849,000
1029746 MLS
This commercial character office building has fantastic curb appeal & is located in the heart of the Old City, close to restaurants, shops & other professional services. Situated next door to the city annex, across the street from city hall & within walking distance of Commercial St & Wesley St, this building is perfect for a lawyer, doctor or any other professional office. Over 3000 sq. ft incl. approx. 10 office stations, a converted boardroom to office w/ private entry, kitchenette, 2 bathrooms, a reception area & plenty of storage, this space is move-in ready. This beautiful, landmark building has a fascinating history & the street exposure allows owners to take full advantage of the impressive exterior character features & charming covered front deck. Add'l highlights incl: new security system, forced air natural gas w/ heat pump, parking for approx. 6 vehicles & access to add'l street parking. (All measurements are approx & should be verified if important. Floor plans available)

301 Franklyn St, Nanaimo

Courtesy of REMAX Professionals (NA)

$449,000
1024752 MLS
INVESTORS ALERT! Downtown Core Nanaimo, best price for a building in one of Canada's top rated cities. Owner may VTM finance! This high viz building offers strong HWY Exposure and a central position adjacent to city operated covered parkade offering plenty of parking. With about 3,600 sq ft over two levels, each floor offers up both separate entrances & bathrooms for max investors flexibility & 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. Easy to show

300 Terminal S Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$375,000
1023348 MLS
223 Victoria Road presents a rare and highly strategic multi-family development opportunity in Nanaimo. Unlike the large-scale multi-family projects that dominate the market and require substantial working capital, this approved four-unit townhouse-style complex offers a more accessible entry point for builders while maintaining strong investment potential. The property is ideally situated within walking distance of downtown and central shopping, ensuring long-term desirability.This project features a unique mix of residential and live-work spaces. The standout unit is a rare live-work design with a 521 sq. ft. ground-floor office space that connects via an internal staircase to a two-bedroom, 774 sq. ft. residential unit above.The second level also has a separate exterior entrance, maximizing functionality and rental appeal.The remaining three units are well-designed two-bedroom residences of approximately 820 sq/ft.,each with a private outdoor deck and townhouse-style exterior access

223 Victoria Rd, Nanaimo

Courtesy of Real Broker

$750,000
982972 MLS
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate

212&218 Fry St, Nanaimo

Courtesy of Real Broker

$375,000
982968 MLS
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate

218 Fry St, Nanaimo

Courtesy of Real Broker

$375,000
982964 MLS
Unleash the Potential! Welcome to 212 and 218 Fry Street, extraordinary properties offering a rare investment opportunity! Whether you're looking to buy one or buy both, these gems are a must-see. Maybe you're an investor eyeing a singular purchase or a visionary looking to acquire both properties, this is a chance you won't want to miss. These properties boast the highly coveted COR3 zoning. This rare zoning opens the door to a myriad of possibilities, catering to the diverse needs of the surrounding community. The permitted uses are literally from A-Z, offering an unparalleled flexibility that's hard to find. Imagine the potential: a bustling hotel, apartment buildings or condos, a storage facility, or launch a convenient laundromat. For those with a community-focused vision, a neighborhood pub or a recreation facility could become the new local hotspot. Call me today!! All measurements are approximate

212 Fry St, Nanaimo

Courtesy of Real Broker

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