Nanaimo, BC V9R 5C6,111 Terminal Ave
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Nanaimo, BC V9R 5C6,111 Terminal Ave
Nanaimo, BC V9R 5C6,111 Terminal Ave
Nanaimo, BC V9R 5C6,111 Terminal Ave
Nanaimo, BC V9R 5C6,111 Terminal Ave

$770,000

Est. payment /mo

$899,900

14.4%
Est.Price: ?

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111 Terminal Ave Nanaimo, BC V9R 5C6

5,662 Sqft Lot

SOLD DATE : 11/03/2025

Key Details

Sold Price $770,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1004863

Year Built 1960

Annual Tax Amount $11,512

Tax Year 2025

Lot Size 5,662 Sqft

Property Sub-Type Retail

Property Description

Attention Owner Occupiers and Investors! Grab this prime opportunity at 111 Terminal Avenue, in Nanaimo's bustling Terminal Avenue core. This high-visibility, high-traffic property offers great exposure for businesses and strong potential for investors. It features two demised retail units, ideal for boutique retail or services. Zoned DT4 (Downtown Mixed-Use), it supports uses like auto parts sales, auto sales/rental, commercial school, fast food, laundromat, office, retail, restaurant, sign shop, day care and more, with development potential. Perfect for owner-occupiers or investors seeking a versatile, income-generating asset. The property has a dedicated parking lot, extra parking on Campbell Street, two washrooms for move-in readiness, and a pylon sign for visibility. Near downtown Nanaimo's shops, transit, and waterfront, it ensures constant exposure in a vibrant hub. Seize this rare chance to own a premium property in a sought-after area!

Location

Province BC

County Nanaimo, City Of

Area Na Old City

Zoning DT4

Interior

Heating Hot Water

Cooling HVAC

Flooring Mixed

Exterior

Exterior Feature Sign: Allowed, Sign: Pylon, Sprinkler System, Storefront

Parking On Site 1

Building

Lot Description Corner

Foundation Poured Concrete, Slab

Sewer Sewer To Lot

Water Municipal

Structure Type Concrete,Insulation All

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Listed by William Wright Commercial Real Estate Services
Bought with Unrepresented Buyer Pseudo-Office
John Cooper

John Cooper

Agent | License ID: 1184085

+1(250) 619-9207

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