This listing includes 2019 Bowen Rd and 1985 Island Diesel Way totaling 117,045 sq.ft. usable land. Both properties are zoned COR2,which allows for mixed use, street-oriented development. These two lots with high visibility location offer an incredible opportunity for investors or developers! COR2 permits multi-family development, commercial strip mall, up to 1.75 FSR and up to 5 Story buildings with city bonuses. Buyer to verify with the City of Nanaimo. The options are endless. This location is highly desirable with easy access to amenities, schools, parks and transportation. Don't miss your chance to secure this solid investment opportunity!More details
Offered for Sale or Lease, 1809 Bowen Road and 1702/1708/1714 Kerrisdale Road in Central Nanaimo is a combined 1.30 acres and benefits from strong visibility, access, and connectivity. 1809 Bowen Road is improved with a 12,714 square foot (SF) commercial building with approximately 7,653 SF of showroom space, a 3,858 SF warehouse and service centre, and +/- 1,183 SF of functional mezzanine. The high exposure showroom is primarily steel frame with glass and metal clad curtainwalls offering significant light permeation. 1702/1708/1714 Kerrisdale Road function as a third access point off Kerrisdale Road, and have been utilized as secure storage and ancillary parking. Qualified prospects will be provided a supplements package upon requestMore details
Multi-tenant commercial investment property situated on approximately 1.30 acres, improved with a 15,110 sq.ft. building fully leased to four tenants. The property provides stable in-place income, with the majority of leases structured as Net leases, allowing for recovery of operating costs. Ample on-site parking is available for tenants and customers, with convenient access to surrounding residential neighbourhoods and established commercial services within Nanaimo. The site includes approximately 0.59 acres of surplus land based on current parking requirements, offering potential for future expansion or redevelopment. This property presents an opportunity for investors seeking steady income with potential for future growth. Financial package available on completion of a Confidentiality Agreement.More details
Exceptional Development Opportunity in Nanaimo!
An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island’s fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.
Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city’s high demand for quality rental housing ensures strong long-term value and income potential.
Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchaseMore details
Take advantage of the exceptional development opportunity in the heart of Central Nanaimo
The property has approved *development and building permits ready for pick up at the City of Nanaimo* for a 4 storey, 21 unit condominium featuring with main level parking. All architectural, engineering and design plans are completed, making this a truly turnkey, shovel ready project.
With strong demand for affordable condo's in Nanaimo, this is a rare and valuable investment opportunity.
This prime 11,791 sq ft COR1 - zoned lot is ideally located just minutes from Nanaimo Regional General Hospital, Vancouver Island University, transit, shopping and Beban ParkMore details
Five (5) One-bedroom ocean view strata titled units for sale. A rare opportunity to acquire a multi-family property in a central Nanaimo location, with significant upside in the existing rents. This property is strata titled allowing for the sale of individual units if desired. 525 Townsite Road provides a future owner with the ability to hold the property and increase rents, or sell the units on an individual basis. Current pricing represents a 4.39% cap rate and $290,000 per unit. Contact listing agents for further information.More details
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.More details
Investment opportunity in Nanaimo’s desirable Hospital Area, just a short walk to Nanaimo Regional General Hospital and backing directly onto Thunderbird Park. This professionally updated fourplex is ideally located in one of the city’s most convenient neighbourhoods. Each suite has been renovated with vinyl plank flooring, updated kitchen cabinets and countertops, fresh paint, baseboards, fixtures, some newer appliances, and vinyl thermal windows. The building includes four separate suites—two 2-bedroom units and two 3-bedroom units—with a shared common hallway and coin laundry room. Three of the four units also feature secured storage lockers. Each suite offers a good-sized deck off the kitchen overlooking Thunderbird Park, along with dedicated parking in the rear lot. Utilities are separately metered for each unit, with the owner responsible only for common area utilities. Data and measurements are approximate and must be verified if important.More details
LIVE/WORK - Live in or rent the tidy & thoroughly updated & move in ready 3 bdrm rancher with almost 2000 sqft of DETACHED SHOP space at the rear complete with 3 Phase power & plus another (approx) 1000 sqft of usable Mezzanine. The home, shop & property are nicely maintained with plenty of updates all around. Corridor 2 Commercial offers a wide variety of uses that include Retail, Office, Multi-Family, Personal care Facility, Day Care, Vet Clinic, schools, seniors housing, assembly hall & many more. Rare Opportunity & First time offered for sale in 33 yrs. Excellent opportunity to operate your business out of a location with plenty of parking on the almost 15,000 sqft lot. An exceptional location in Central Nanaimo on the Northfield Rd connector, offering great exposure & easy access that is close to both the inland & bypass highways. The home, shop & property are nicely maintained with plenty of updates all around. Also listed under Commercial MLS #1025646 with some altered details.More details
LIVE/WORK - Corridor 2 Commercial offers a wide variety of uses that include Retail, Office, Multi-Family, Personal care Facility, Day Care, Vet Clinic, school, seniors housing, assembly hall & many more. Rare Opportunity & First time offered for sale in 33 yrs. Live in or rent the tidy & thoroughly updated 3 bdrm rancher (1050 sqft) with almost 2000 sqft of DETACHED SHOP space at the rear complete with 3 Phase power plus approx 1000 sqft of usable Mezzanine. The home, shop & property are nicely maintained with plenty of updates all around incl newer roof & new roof & gutters on shop. Excellent opportunity to operate your business out of a location with plenty of parking on the almost 15,000 sqft lot. Just steps away from Beban park (skate, swim & golf). Its an exceptional location in Central Nanaimo on the Northfield Rd connector, offering great exposure & easy access that is close to both the inland & bypass highways. Also listed under Residential MLS #1025412 with altered details.More details
Opportunity meets flexibility — whether you’re building wealth and/or housing family. This rare property offers two separate homes on one lot ideal for multi-generational living, rental income, or long-term investment. The main home offers 1,696 sq ft w/ 2 bedrooms and 2 bathrooms, a bright main level featuring the kitchen, dining, and living room, plus a spacious lower family room for added flexibility. Two wood-burning fireplaces add warmth and character, while the layout provides comfortable separation between living and sleeping areas. The 2nd home, built in 2016 offers 964sqft with 1 bedroom and 1 1/2 bathrooms, an open main living space upstairs and a second living room below. Outside, enjoy mature fruit trees, established garden space, and private outdoor areas designed for both relaxation and practicality. Located close to schools, shopping, and amenities, this property delivers versatility, lifestyle, and strong holding potential in one compelling package. Measurements approx.More details
Excellent Value – Spacious 7-Bedroom Home with Income Suites! This impressive 3,455 sq.ft. residence sits on a generous 8,260 sq.ft. rectangular lot, offering plenty of space for large or multi-generational families. This versatile home thoughtfully divided into two levels, and features two income suites. The spacious main level (1,932 sq.ft.) includes 4 bedrooms, 2 bathrooms, living and dining areas, kitchen, family room, and a large rec room. The lower level offers a 2-bed/1-bath suite and a 686 sq.ft. bachelor suite—plus shared laundry and extra storage. Enjoy a covered deck, patio area, and private fenced yard with mature trees. Updates include updated roof, new windows and skylights. Centrally located near the ferry terminal, shopping, parks, hospital, schools, and bus routes. A great opportunity to own a spacious, income-generating property in a convenient location. Call your Realtor for a private viewing!More details