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∼ MLS No. 918453 ∼

10,088 SF Central Main Street | 123 Commercial Street, Nanaimo BC$2,650,000

123 Commercial Street, Nanaimo, BC, Canada


  • Type: Retail
  • Year Built: 1988
  • Property Tax: 59657
  • Approx. Sq Ft: 10,088

This is a great opportunity to purchase retail space in the center of the main street of downtown Nanaimo.

This 10,088 Sq. Ft. space consists of 4 units on a 8,325 Sq. Ft. lot.  Three of the units have direct access from Commercial Street.  These units are leased to a Thai restaurant, an Antique store and the third unit is currently conditionally leased.

The fourth unit is located on the second floor (from the front view) which is at street level from Skinner Street, both streets offering convenient access.  This 4th floor unit could continue to be operated as a nightclub or be re-purposed as a Restaurant / Retail / Office space.  The sale price includes the liquor license for the former nightclub.

This two storey building was constructed in 1988.  The lot is predominantly rectangular in shape and zoned DT1, Downton (Core) which permits a wide variety of commercial and public service uses. The property has limited on-site parking along Skinner Street; there is though plenty of street parking in the downtown area and a public parkade nearby.

The property has been priced below the Assessment Value.

A Confidential Information Memorandum is available to Qualified Buyers.


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