PRIME INVESTMENT OPPORTUNITY: Presenting a unique opportunity to acquire the well-established Port-O-Call Inn & Suites, a recently renovated 42-unit motel located in the heart of Nanaimo, British Columbia. This property offers a prime location just minutes from key local attractions, including the Departure Bay Ferry Terminal, Newcastle Island Marine Provincial Park, downtown Nanaimo and Vancouver Island University make this a highly desirable location for tourists and business travelers alike.
PROPERTY HIGHLIGHTS: The motel boasts 42 newly renovated guest rooms, including 18 fully-equipped kitchenette suites, a spacious 2-bedroom manager’s suite, a leased onsite Japanese restaurant for additional income stream, and the property is in excellent condition following recent upgrades.
This is a rare opportunity to invest in a thriving business in one of British Columbia's most sought-after communities. Don't miss out on owning a piece of Nanaimo's hospitality market!More details
Colliers is pleased to present for sale a multi-family redevelopment site offering holding income with upside: at 1691 & 1695 Boundary Avenue, Nanaimo. This is an exceptional opportunity to acquire a 24,970 square foot multi-family redevelopment site, featuring two rental apartment buildings with a total of twelve units comprised of Ten 2-bedroom units and Two 1-bedroom units. Key development highlights include: 225 feet of frontage on Boundary Avenue, directly facing the Nanaimo Regional General Hospital; R8 zoning allows for 1.25 FSR plus additional density bonuses; within walking distance to Bowen Road and Island Highway; located in Nanaimo, one of the five fastest growing metropolitans in Canada over the past five years. Key holding income highlights: ideal unit mix for Nanaimo; units are below market for rents; low vacancy rate in Nanaimo; and in immediate proximity to transitMore details
Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity.More details
This spectacular waterfront 3355sf level entry with basement in Cilaire offers an expansive view of Departure Bay. Step in and be greeted by the extraordinary views. The sellers installed picture windows to showcase the view from the kitchen, nook, dining and living rooms, and the primary bedroom. The meticulous interior has 1682 sf main level: upgraded kitchen with granite countertops, recessed lighting, and built-in oven/range. The nook offers a slider onto the deck with stairs to the yard. The dining/living rooms are elegant with views, gas FP, and door to deck. The main floor also has 3 bedrooms including the primary with slider to the deck. Glistening wood floors enhance the natural light. The lower level offers 1673 sf (828 sf fin'd); 4th bedroom, spacious family room with gas FP, storage space in two areas, and a 26’10’6” workshop. Green house, double garage, groomed yard, heat pump, and 50 yr metal roof. All measurements are approximate and should be verified if important.More details
For Sale: 1625 Bowen Road is a +/- 22,041 square foot (0.51 acre) Residential Corridor (COR-1) zoned development parcel. This central Nanaimo opportunity is situated on the primary Nanaimo thoroughfare 'Bowen Road' and benefits from direct access to school systems, transportation infrastructure, retail/grocery, and nearby parkland. The COR-1 zone provides for residential, street-oriented, medium density, and office development along or near major roads up to a Floor Area Ratio (FAR) of 1.00; if certain development characteristics are met (which are detailed in Schedule D of the Nanaimo Zoning Bylaw), additional density of 0.50 FAR is theoretically achievable. The Nanaimo Re Imagined City Plan designates this site as Residential Corridor which supports mid-rise residential apartments (3-6 storys) to a target density of 100 units per hectare(UPH). The property is owner occupied and currently improved with a Mobile Home; do not access site without coordinating with listing agentMore details
Development Site - Multifamily building site in the heart of Nanaimo. This R8 zoned allows for medium density residential. More than 20 units possible with highest and best use. Current Lot ready for 12 two bedrooms and one large penthouse unit. Development issued permit #130400 is in place. Design, architectural, civil, structural, mechanical, electrical, & landscaping plans all included! Short distance to Waterfront, Bowen Park, schools, bus routes, & downtown Nanaimo. It is only 3 minutes by car to Nanaimo Hospital, 6 minutes to Vancouver Island University and BC Ferries, & close to many shopping centers in surrounding neighbourhoods. There is also a 3 bedroom rental rancher on site now- Building "As is Where is" Fully fenced. Separate garage with lane access. Ideal Townsite location. All measurements approximate & should be verified if fundamental to purchase.More details
Prime Multi-Family Development Opportunity in Nanaimo! This 18,441 sq. ft. COR1-zoned parcel comes with a Development Permit in place for a 22-unit, four-storey multi-family residential building, making it a rare turnkey investment opportunity. Ideally situated just minutes from downtown Nanaimo, the site offers excellent walkability to Bowen Road amenities, as well as easy access to the Nanaimo Parkway and North Nanaimo. The approved development features a well-balanced unit mix, including 1 Live/Work unit, 3 studios, 9 one-bedrooms, 4 one-bedroom + den units, 3 two-bedroom + den units, and 3 accessible two-bedroom units, catering to a diverse range of residents. This project is for investors who are looking to capitalize on the area’s strong rental demand and growth. Full plans and designs are available upon request for qualified buyers. Don’t miss out on this exceptional investment—contact us today for more details! Measurements and data approximate; verify if important.More details
Welcome to 2104 Northfield Rd, a remarkable property in Central Nanaimo with rare COR2 zoning on a large 12,131 sqft lot. This versatile property presents an amazing opportunity for multifamily or multi-purpose development. Currently, the recently updated home on the property is generating a monthly rental income of $4,250, providing a valuable source of revenue to help offset redevelopment expenses. With COR2 zoning, you have the flexibility to explore various possibilities, whether it's a multifamily residential project, a restaurant/pub as well as many other options. Additionally, its central position allows for quick access to both N Nanaimo and the Downtown Core. Don't miss out on this incredible opportunity to invest in a property with boundless potential in a thriving and evolving area. Contact us today to explore the endless possibilities that 2104 Northfield Rd has to offer! (*Measurements and data provided are approximate and recommended for verification if deemed essential.)More details
Welcome to 2104 Northfield Rd, a remarkable property in Central Nanaimo with rare COR2 zoning on a large 12,131 sqft lot. This versatile property presents an amazing opportunity for multifamily or multi-purpose development. Currently, the recently updated home on the property is generating a monthly rental income of $4,250, providing a valuable source of revenue to help offset redevelopment expenses. With COR2 zoning, you have the flexibility to explore various possibilities, whether it's a multifamily residential project, a restaurant/pub as well as many other options. Additionally, its central position allows for quick access to both N Nanaimo and the Downtown Core. Don't miss out on this incredible opportunity to invest in a property with boundless potential in a thriving and evolving area. Contact us today to explore the endless possibilities that 2104 Northfield Rd has to offer! (*Measurements and data provided are approximate and recommended for verification if deemed essential.)More details
Colliers International is pleased to present the sale offering of a superior improved 2,240 SF strata office unit. This second-floor corner unit boasts a great central location in Nanaimo with easy access to all transportation routes. The unit features exceptional natural light via window and skylight glazing and is composed of the following improvements: entrance stairway with accessibility lift; 6 private enclosed offices; large boardroom with kitchenette and attached deck with electronic blinds;2 washrooms (one of which features a shower); and staff room/kitchenette. The space features high quality improvements in "as new" condition and each office is serviced by a ductless heat pump system, modern lighting and amenities, and features high ceilings with excellent natural lightMore details
Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!More details
Situated in the prime Central Nanaimo area at the Madsen Centre, this 1,811 Sq. Ft. ground floor office unit.
This ground floor unit features a reception area, five private offices, a large office with room for 3 to 4 staff, a meeting room, staff kitchen area with shower and storage area. The unit comes with three dedicated underground parking stalls and the whole building has outdoor parking available for staff and clients.
Located just a short drive from the hospital and directly on Bowen Road, this high visibility location would suit an office or health service provider.More details
Listed by NAI Commercial Central Vancouver Island Ltd. and 460 Realty Inc. (NA)