An outstanding investment opportunity in the heart of one of Nanaimo's most active commercial corridors. This fully tenanted, mixed use property offers a solid return and long-term potential with COR2 (Mixed-Use Corridor) zoning, allowing for a wide range of commercial and residential uses, as well as future redevelopment.
The building features two well-maintained residential suites on the upper floor and a ground-floor commercial space, all currently rented to quality tenants. This turn-key income producing property is ideal for investors seeking reliable cash flow and value appreciation over time.
Property Features:
-COR2 zoning with redevelopment flexibility
-Two fully leased residential units
-Tenanted commercial space with street level access
-Great curb appeal and professional maintenance
-Ample off-street parking
-High traffic exposure and central location
With its strategic location, stable income, and future development upside, 1000 Terminal Ave is a rare offering in todays market. Whether you're looking to expand your investment portfolio, secure high-performing asset, or take advantage of the generous zoning, this property offers it all.
Own the land. Own the building. Unlock the potential.
Contact Charles today!
Address
1000 Terminal Ave
List Price
$1,100,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Nanaimo
Sub-Area
Na South Nanaimo
Lot Size
5167 Sq. Ft.
Lot Size (Acres)
0.12 Ac.
MLS® Number
1007883
Listing Brokerage
Royal LePage Nanaimo Realty (NanIsHwyN)
Postal Code
V9S 4K4
Tax Amount
$11,759.43
Tax Year
2025
Features
Electric, Heat Pump, Laminate, Security System
Amenities
Balcony/Deck, Central Location, Curb & Gutter, Easy Access, Fencing: Partial, Garden, Landscaped, Level, Lighting, Low Maintenance Yard, Marina Nearby, Near Golf Course, Recreation Nearby, Security System, Serviced, Shopping Nearby, Sidewalk, Storefront