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1045 Terminal Ave N
Nanaimo British Columbia V9S4K3 Canada

$1,250,000

Active Listing ID 1025841
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Other

$1,250,000

Active Listing ID 1025841
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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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Other
  • Additional Features
  • Basement
Listing Changed: 2/12/2026 8:00:21 PM GMT
Source Updated Date: 2/14/2026 10:00:14 AM GMT

Courtesy of: Lee Robinson, , Royal LePage Nanaimo Realty (NanIsHwyN)