1045 Terminal Ave N, Nanaimo, BC
$1,150,000
Square feet
Acres
About 1045 Terminal Ave N
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.
Commercial Sale home for sale in Nanaimo, BC at 1045 Terminal Ave N. This Commercial Sale home is priced at $259/sqft
Features of 1045 Terminal Ave N
| MLS® # | 1041535 |
|---|---|
| Price | $1,150,000 |
| Square Footage | 4,447 |
| Acres | 0.72 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information: Nanaimo
| Address | 1045 Terminal Ave N |
|---|---|
| Area | Na Central Nanaimo |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9S 4K3 |
Amenities of 1045 Terminal Ave N
| Parking Spaces | 35 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior of 1045 Terminal Ave N
| Fireplace | No |
|---|
Additional Information On 1045 Terminal Ave N
| Date Listed | June 24th, 2026 |
|---|---|
| Days on Market | 106 |
| Office | Royal LePage Nanaimo Realty (NanIsHwyN) |
| Zoning | COR3 |