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1045 N Terminal Ave
Na Central Nanaimo Nanaimo V9S 4K3

$1,250,000
Commercial Sale

Photos from Previous Listing
Photo 1: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 2: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 3: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 4: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 5: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 6: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 7: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 8: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 9: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 10: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 11: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 12: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 13: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 14: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 15: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Photo 16: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1025841
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.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.722 acre(s)
Taxes:
Building Features:
High Traffic Area, Kitchen/Staff Room, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
Ceiling Heights:
Total Building Area:
4,215 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
COR3
Units in Building:
Units in Community:
Occupancy:
Partially Occupied
Lot Site Features:
Central Location, Easy Access, Level, Shopping Nearby, Sidewalk
Parking Features:
On Site
Total Parking Spaces:
35
Road Surface Type:
Paved
Total Units:
Date Listed:
Feb 09, 2026
Original Price:
1250000.0
  • Photo 1: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 2: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 3: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 4: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 5: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 6: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 7: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 8: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 9: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 10: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 11: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Photos from Previous Listing
  • Photo 12: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Current Photo
  • Photo 13: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Current Photo
  • Photo 14: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Current Photo
  • Photo 15: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Current Photo
  • Photo 16: 1045 N Terminal Ave in Nanaimo: Na Central Nanaimo Mixed Use for sale : MLS®# 1025841
    Plenty of Parking
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated February 12, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$799,900
Min list price:
$46,900
Max list price:
$6,250,000
Avg days on market:
78
Min days on market:
7
Max days on market:
493
These statistics are generated based on the current listing's property type and located in Na Central Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
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