508 Wembley Rd, Parksville, BC
$949,000
Square feet
Acres
About 508 Wembley Rd
Rare opportunity to acquire a 0.57-acre commercially zoned property in the desirable Wembley area of the Regional District of Nanaimo, just minutes from Parksville, Highway 19, shopping, beaches, and everyday amenities. This unique property is zoned CRS1 and site-specific CRS1.7, permitting a broad range of commercial uses together with residential use, secondary suites, and shopping centre use, providing exceptional flexibility for investors, owner-operators, and future opportunities. Currently improved with two legal residential dwellings, the property offers excellent holding value while generating residential use. Situated within the Wembley Neighbourhood Centre designation, this is a rare opportunity to own a large commercially zoned property in one of the area's established mixed-use commercial corridors. Commercial properties with two legal homes are seldom available. A unique opportunity with excellent income, business, and redevelopment potential.
Commercial Sale home for sale in Parksville, BC at 508 Wembley Rd. This Commercial Sale home is priced at $403/sqft
Features of 508 Wembley Rd
| MLS® # | 1046926 |
|---|---|
| Price | $949,000 |
| Square Footage | 2,352 |
| Acres | 0.57 |
| Year Built | 1962 |
| Type | Commercial Sale |
| Sub-Type | Other |
| Status | Active |
Community Information: Parksville
| Address | 508 Wembley Rd |
|---|---|
| Area | PQ Parksville |
| City | Parksville |
| County | Parksville, City of |
| Province | BC |
| Postal Code | V9P 2B2 |
Amenities of 508 Wembley Rd
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior of 508 Wembley Rd
| Fireplace | No |
|---|
Additional Information On 508 Wembley Rd
| Date Listed | August 13th, 2026 |
|---|---|
| Days on Market | 29 |
| Office | Pemberton Holmes Ltd. |