Property Description
CBRE Limited is pleased to present an excellent opportunity to secure affordable, flexible commercial space in the heart of Downtown Nanaimo. Located just off Terminal Avenue, this ground-floor unit offers strong accessibility, nearby amenities, and rare on-site parking—an increasingly scarce feature in the downtown core.
Zoned DT4, one of Nanaimo’s most versatile downtown designations, the space permits a wide range of uses including office, retail, personal services, medical, studio, and other small business operations.
The 1,185 SF unit is ideal for businesses seeking a manageable footprint with minimal overhead. With base rent at $18.00 PSF and additional rent estimated at $6.11 PSF, total occupancy costs are approximately $2,380 per month plus GST, positioning this as one of the most competitive downtown leasing opportunities available.
Well suited for startups, professional services, creatives, or owner-operators seeking downtown presence, flexibility, and value.
Property Details
MLS #:
1023935
ID #:
30470353
Type:
Commercial Lease
Sub-Type:
Retail
Area:
Nanaimo
Sub-Area:
Na Old City
Status:
Active
Lot Size:
0.17 acres
Days on Market:
132 days
Listing provided by CBRE Limited
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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