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$1,195,000
1044373 MLS
SELLER MOTIVATED. Rare opportunity to acquire 2 contiguous parcels w/ over 15,000 sqft in Downtown Nanaimo with highly sought-after DT5 zoning, allowing for mixed-use and higher-density development. Offering a combination of immediate usability and long-term redevelopment potential, the property is improved with a 3,092 sq ft building featuring a restaurant-ready commercial layout complete with commercial kitchen infrastructure, multiple washrooms and lower-level office/storage space. Recent capital improvements include a new torch-on roof and interior remediation, providing a solid foundation for immediate occupancy, leasing or holding income. An adjoining parcel currently provides on-site parking while offering future expansion or redevelopment flexibility. Positioned in Nanaimo's downtown core, steps from the waterfront, transit and amenities. Opportunity for developers, investors, restaurateurs, medical or professional users. The seller is motivated and welcomes serious offers.

77 & 85 Skinner St, Nanaimo

Courtesy of eXp Realty (NA)

$1,250,000
1042861 MLS
A rare opportunity to acquire a prominent downtown Nanaimo commercial property with stable income and future rental upside. The building is currently leased to an established tenant operating the popular Vault Café/Bar, who also manages the upper-floor office rentals. The existing lease runs until March 2028, providing dependable cash flow and a current cap rate of approximately 5%. Upon lease renewal, the buyer will have greater flexibility to restructure the tenancy, adjust rents to market levels or lease the café and office spaces separately, creating potential to increase the cap rate to over 6%, subject to market conditions and operating costs. The upper floor includes 7 office rooms, 2 bths, a kitchen/staff area, large windows and skylights. Located on a highly visible corner near City Hall, the Conference Centre, seaplane terminal and HeliJet, this unique heritage landmark offers an attractive combination of stable income, strong location and long-term investment potential.

499 Wallace St, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$1,195,900
3 Beds ⋅ 3 Baths ⋅ 1043139 MLS
Welcome to 722 Campbell St, a stunning 2017 custom-built masterpiece in the heart of Old City Nanaimo. Seamlessly blending West Coast design with old-world heritage, this 3-bed+office, 3-bath home offers unmatched quality. It sits on a quiet street steps from Sid Clark Gyro Park and Ecole Pauline Haarer just outside the vibrant downtown core. The main floor features authentic terracotta tiles with 4-zone hydronic in-floor heating. Enjoy a chef’s kitchen with custom cabinetry, quartz counters, and an island. The living room highlights a beamed ceiling and wood-burning fireplace, while the dining area offers dual French doors opening to a private, professionally landscaped patio, perfect for seamless indoor/outdoor living. Upstairs, you will find two bedrooms with vaulted ceilings (one with a loft), and a primary retreat with dual walk-in closets and a spa-like ensuite. Extras: HRV, water filtration, HTW on-demand, a laneway leading to a gated driveway, and a detached garage w/EV plug.

722 Campbell St, Nanaimo

Courtesy of The Agency

$1,245,000
2 Beds ⋅ 2 Baths ⋅ 1042638 MLS
Elevate your lifestyle in this stunning top-floor penthouse at the Pacifica, Nanaimo's premier waterfront condominium. Featuring soaring 10-foot ceilings and expansive floor-to-ceiling windows, this bright open-concept home showcases spectacular ocean, city, mountain and inner harbour views toward Gabriola, Protection and Saysutshun Islands. The gourmet kitchen offers granite countertops, premium stainless steel appliances, a natural gas range ( gas included in strata) and warm wood cabinetry. The spacious primary bedroom includes a walk-in closet and a beautifully appointed ensuite with dual sinks, granite counters and a tiled shower. Step onto the generous covered balcony to enjoy the ever-changing waterfront scenery that blends into the downtown and includes views of Mount Benson. Enjoy being steps from the seawall, marina, restaurants, shopping, entertainment, seaplanes, Hullo ferry and everyday amenities. Measurements are approximate, verify if important.

38 Front St Unit ##1802, Nanaimo

Courtesy of eXp Realty (NA)

$1,050,000
1031464 MLS
Massive under utilized building with iconic family run restaurant. Located in Nanaimo with over 35 years in business with loyal customer base. 120 seats plus extended patio. Liquor license and full commercial kitchen and equipment to handle high volume catering. Winner of numerous awards and featured on TV shows, and various vlogs. Brand new roof and environmental report completed. The original owners are ready to retire. Turn key operation with plenty of upside potential. Lots of redevelopment in the area. Please do not approach staff. Attractive vendor financing available. This property must be purchased in conjunction with the neighbouring property at 175 Fraser St.

199 Fraser St, Nanaimo

Courtesy of Sutton Group West Coast Realty

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